Himachal’s Sukhu govt retains ballot promise; approves restoration of outdated pension scheme
By PTI
SHIMLA: Keeping its ballot promise, the Himachal Pradesh authorities led by Chief Minister Sukhvinder Singh Sukhu in its first cabinet assembly on Friday authorised restoration of the Old Pension Scheme.
There are over 1.36 lakh staff, together with staff and pensioners underneath the New Pension Scheme (NPS).
The Congress occasion had promised to revive the Old Pension Scheme (OPS) within the first cabinet assembly and it stood by it.
The advantage of outdated pension scheme can be given from at the moment and notification on this regard can be issued quickly, mentioned Sukhu whereas interacting with the media individuals after the cabinet assembly.
He mentioned that we might fulfill our promise to supply Rs 1,500 monthly to ladies and a sub committee with cabinet ministers, together with Chander Kumar, Dhani Ram Shandil, Anirudh Singh and Jagat Negi, has been constituted to arrange a highway map for disbursement of Rs 1,500 monthly in 30 days.
Committee has additionally been constituted to discover chance for one lakh jobs.
The legal responsibility underneath the OPS for this yr is about Rs 800 to Rs 900 crores which might be borne by the useful resource mobilisation like improve of Rs 3 on VAT on diesel.
Sukhu reiterated that the state authorities has not restored OPS for votes however for giving social safety and safeguarding self respect of the staff who’ve scripted the historical past of improvement of Himachal.
The matter has been studied in depth and regardless of some reservations by finance officers, the problem has been settled and all the staff underneath the New Pension Scheme can be lined underneath OPS, he added.
Sukhu mentioned that the earlier BJP authorities has not given arrears value Rs 11,000 crores approx, together with Rs 4,430 crores to staff, Rs 5,226 crores to pensioners and Rs 1,000 crores dearness allowance of sixth pay fee.
Sukhu additionally mentioned that the state is underneath debt of Rs 75,000 crores as a result of monetary mismanagement and wasteful expenditure by the earlier BJP Government.
The authorities de-notified over 900 establishments opened by the earlier BJP Government with out price range as a sum of Rs 5,000 crores was required to make them purposeful.
Hard selections must be taken as authorities can not run underneath big debt, he added.
Employees who joined authorities service from January 1, 2004 are lined underneath New Pension Policy (NPS).
The new pension scheme is a contributory scheme wherein the federal government and staff contribute 10 and 14 per cent of the wage respectively in the direction of the pension fund whereas within the outdated pension scheme staff with 20 years of service used to get 50 per cent of final drawn wage as pension.
“We had informed the government that the liability for 2022-23 under the NPS is Rs 1,632 crores out of which employees and Government would deposit Rs 680 crores and Rs 952 crores respectively while the liability under the OPS would only be Rs 147 crores,” mentioned Pradeep Thakur, President of New Pension Scheme Employees Federation Himachal.
SHIMLA: Keeping its ballot promise, the Himachal Pradesh authorities led by Chief Minister Sukhvinder Singh Sukhu in its first cabinet assembly on Friday authorised restoration of the Old Pension Scheme.
There are over 1.36 lakh staff, together with staff and pensioners underneath the New Pension Scheme (NPS).
The Congress occasion had promised to revive the Old Pension Scheme (OPS) within the first cabinet assembly and it stood by it.
The advantage of outdated pension scheme can be given from at the moment and notification on this regard can be issued quickly, mentioned Sukhu whereas interacting with the media individuals after the cabinet assembly.
He mentioned that we might fulfill our promise to supply Rs 1,500 monthly to ladies and a sub committee with cabinet ministers, together with Chander Kumar, Dhani Ram Shandil, Anirudh Singh and Jagat Negi, has been constituted to arrange a highway map for disbursement of Rs 1,500 monthly in 30 days.
Committee has additionally been constituted to discover chance for one lakh jobs.
The legal responsibility underneath the OPS for this yr is about Rs 800 to Rs 900 crores which might be borne by the useful resource mobilisation like improve of Rs 3 on VAT on diesel.
Sukhu reiterated that the state authorities has not restored OPS for votes however for giving social safety and safeguarding self respect of the staff who’ve scripted the historical past of improvement of Himachal.
The matter has been studied in depth and regardless of some reservations by finance officers, the problem has been settled and all the staff underneath the New Pension Scheme can be lined underneath OPS, he added.
Sukhu mentioned that the earlier BJP authorities has not given arrears value Rs 11,000 crores approx, together with Rs 4,430 crores to staff, Rs 5,226 crores to pensioners and Rs 1,000 crores dearness allowance of sixth pay fee.
Sukhu additionally mentioned that the state is underneath debt of Rs 75,000 crores as a result of monetary mismanagement and wasteful expenditure by the earlier BJP Government.
The authorities de-notified over 900 establishments opened by the earlier BJP Government with out price range as a sum of Rs 5,000 crores was required to make them purposeful.
Hard selections must be taken as authorities can not run underneath big debt, he added.
Employees who joined authorities service from January 1, 2004 are lined underneath New Pension Policy (NPS).
The new pension scheme is a contributory scheme wherein the federal government and staff contribute 10 and 14 per cent of the wage respectively in the direction of the pension fund whereas within the outdated pension scheme staff with 20 years of service used to get 50 per cent of final drawn wage as pension.
“We had informed the government that the liability for 2022-23 under the NPS is Rs 1,632 crores out of which employees and Government would deposit Rs 680 crores and Rs 952 crores respectively while the liability under the OPS would only be Rs 147 crores,” mentioned Pradeep Thakur, President of New Pension Scheme Employees Federation Himachal.
