Punjab Cabinet approves implementation of old pension scheme
Darpan News Desk IANS, 18 Nov, 2022 02:07 PM
Chandigarh, Nov 18 (IANS) Eyeing Gujarat elections, the Bhagwant Mann-led AAP government on Friday approved the notification for implementing the old pension scheme (OPS) in Punjab, directly benefitting more than 1.75 lakh government employees.
A decision to this effect was taken in the meeting of the council of Ministers held under the leadership of the Chief Minister here.
Disclosing this here today, a spokesperson for the Chief Minister's Office said the government has approved the OPS for its employees currently covered under New Pension Scheme (NPS), fulfilling a long-pending demand of employees of the state.
This will directly benefit more than 1.75 lakh employees currently covered under NPS. In addition to this, 1.26 lakh employees are already covered under the existing OPS.
The scheme is aimed at safeguarding the future of government employees and recognising their contribution towards the state. In order to ensure that the scheme being introduced is financially sustainable for the exchequer in the future also, the government will be contributing proactively towards creation of a pension corpus which will service the pension in future to the beneficiaries of the scheme.
This contribution towards the pension corpus will be Rs 1,000 crore per annum initially and will gradually increase in future.
Besides, the current accumulated corpus with NPS is Rs 16,746 crore for which the state will request Pension Fund Regulatory and Development Authority of the government of India to refund this amount for effective utilisation at its end.
The container, which was loaded from the Jebel Ali port in the UAE, was booked by an importer from Malerkotla in Punjab. The DGP said that as the link of the container has been established with Punjab, the consignment seems to be routed to some other place via Punjab.
In March, the top court had reserved the order on sentence to Mallya, who was found guilty of contempt in 2017 for disobeying court's order for not disclosing full particulars of assets in case between the SBI and Kingfisher Airlines.
Besides Bains, Paramjit Singh Pamma, Jasbir Kaur, Baljinder Kaur and Pardeep Kumara surrendered in the court of Judicial Magistrate Harsimranjit Kaur. Two other accused -- Karamjit Singh Bains and Sukhchain Singh -- are in judicial custody. All seven were declared proclaimed offender on April 12.
The Supreme Court on Monday dismissed a plea by Punjab BJP leader Jagjit Singh seeking CBI probe into the cold-blooded murder of famous Punjabi singer Sidhu Moosewala. A bench comprising Justices Ajay Rastogi and Abhay Oka said the case should not be given a political colour and Punjab is supposed to take care of it and they are taking care of the matter.
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The authorities were directed to commence classes in Medical Colleges of Hoshiarpur, Kapurthala and Sangrur from next year. Free medicines should be provided to patients in the hospitals of the medical colleges as early as possible, he added.