Old And New Pension Difference | ‘This’ is the difference between the old pension scheme and the new pension scheme
While the NDA government led by Atbal Bihari Vajpayee at the Center closed the old pension scheme and implemented the National Pension Scheme (NPS) in 2003, Devendra Fadnavis is telling lies and blaming it on the Congress government.
Mumbai: The issue of Maharashtra Old Pension Scheme (Maharashtra Old Pension Scheme) has become a focal point in the graduate and teacher constituencies of the Legislative Council which is currently going on in the state. On Sunday, Chief Minister Eknath Shinde (CM) has indicated that the government is positive about implementing this scheme, but if the old pension scheme (OPS) is implemented, the state exchequer will incur an additional burden of around Rs 55,000 crore. Also, there is a possibility that there will be a big difference in the pension amount of the old employees and the new employees.
Deputy Chief Minister Devendra Fadnavis, who clearly refused to implement the old pension scheme, is now talking about implementing the scheme. They are loudly saying that the ‘threat’ of re-implementing the old pension scheme is only within us.
Although Fadnavis made a statement to implement the old pension scheme to create confusion among the teachers during the election campaign for the Vidhan Parishad teachers’ constituency, the teachers are also aware of Fadnavis’ deceit. If there is a ‘threat’ to implement the old pension scheme, then what did Devendra Fadnavis do when he was Chief Minister for five years?
While the NDA government led by Atbal Bihari Vajpayee at the Center closed the old pension scheme and implemented the National Pension Scheme (NPS) in 2003, Devendra Fadnavis is telling lies and blaming it on the Congress government. As Bharatiya Janata Party (BJP) leaders are adept at lying outright, following the teachings of the RSS, Fadnavis blasted the Congress to close the old pension scheme.
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In the recently concluded winter session of Nagpur, Fadnavis had clearly said that it is not possible for the government to implement the old pension scheme. So where did the threat come from now between Fadnavis. Where did this threat go in the Nagpur session or during the last 5 years as Chief Minister?
55 thousand crores additional burden on the state exchequer
There are nearly 16 lakh 10 thousand government employees in the state. The state government has to spend 58 thousand crore rupees per year on their salary. Now if the old pension scheme is implemented and it is decided to implement it from 2004, the state government’s exchequer will have an additional burden of 50 to 55 thousand crores. The state government will incur an additional expenditure of Rs 4 to 4.5 thousand crores on teachers’ pension.
Congress party not only supports the implementation of the old pension scheme, but also implemented the old pension scheme in the Congress-ruled states of Rajasthan, Chhattisgarh, and Himachal Pradesh. If these states can implement the old pension scheme then Maharashtra is an advanced state, Fadnavis’s claim that implementation of this scheme will put a huge strain on the state government’s exchequer is wrong. Devendra Fadnavis is also being criticized all around as Devendra Fadnavis has changed his mind due to the increasing pressure of government employees and the implementation of the old pension scheme by the Congress-ruled states.
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As per the old pension scheme, the pension was 50 percent of the salary till death
If the old pension scheme is implemented then the employee will get 50% of his last salary till death after his retirement. Also after his death the wife will get 30% of the amount as pension till her death. But in the new pension, not according to the salary of the employees, the pension will be given on the amount accumulated after deducting the money from the salary. As this scheme is based on market investment, pension will be given on the accumulated amount. Considering the new pension, it may be right to say that this deal is a loss and the government’s game is a gamble.
Class C employee will also get Rs 30 thousand pension
If the old pension scheme is implemented in the state and an employee retires today, a group C employee will get approximately Rs 30,000 as pension and it will increase. However, experts are expressing the opinion that it is not possible to get a pension of more than Rs 5,000 on the current accumulated amount in the new pension scheme. Then the next question for a retired person today is how to live the rest of his life on such a meager amount.