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.
Mann, 48, divorced his first wife Inderpreet Kaur in 2015. He has two children from that marriage -- daughter Seerat Kaur Mann (21) and son Dilshan Singh Mann (17), who attended Mann's swearing-in ceremony on March 16. The Chief Minister made a surprise wedding announcement a day earlier. It is believed to be an arranged marriage.
Arora, who has been elected for the second consecutive time as the MLA from Sunam, expressed gratitude towards the party national convenor and Delhi Chief Minister Arvind Kejriwal and Punjab Chief Minister Bhagwant Singh Mann and assured that he would discharge the responsibility assigned to him with honesty and dedication.
The motive behind the murder was not yet clear, according to the police. Police said, the man went to a local market for shopping along with his family. He was shot dead when he was on his way back home.
In his previous marriage to Inderpreet Kaur, which ended in a divorce in 2016, Mann has two children -- son Dilshan and daughter Seerat -- who are currently staying in the US with their mother. Both children had attended Mann's swearing-in ceremony at Khatkar Kalan on March 16.
A spokesman for the Chief Minister's office said all domestic consumers in the state would be eligible to get zero bills if their consumption is up to 600 units in every billing cycle. This will give a big reprieve to the domestic consumers who have to hitherto shell out huge money every month in the form of power tariff.
On receiving information about the incident, SP City Dinesh Kumar Singh, along with police force, reached the spot. The injured youths were sent to the hospital for treatment and the matter is being investigated.
