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 bench of Justices Ramesh Sinha and Brij Raj Singh observed that the accused cops had indulged in a barbaric and inhuman killing of innocent persons by calling them terrorists.
During the previous hearing, Malik told the Court that he was not contesting the charges levelled against him. He may not even challenge the sentencing in higher courts as he has himself pleaded guilty which means by all means, Malik will spend the rest of his life in Jail.
Cheema said school children from Punjab had fared better than their counterparts in Delhi when compared class wise right from class three, class five, class eight and class 10. He said Punjab students has stood first as far as comprehending mathematics was concerned, second in case of social sciences and third in case of English.
Lauding this farmer-friendly initiative, Mann said it would be instrumental to compile the entire data about each and every farmer, who has opted for DSR technique besides ensuring payment of Rs 1,500 per acre after proper verification through this portal to the genuine beneficiaries in a fair and transparent manner.
In the arguments before the sentencing, Malik told the court that he will accept hanging if the intelligence agencies prove any terror-related activities involving him.
Kejriwal along with Transport Minister Kailash Gahlot also took a ride on board an electric bus from the Indraprastha Depot to Rajghat after flagging off the fleet.
