Publish Date: | Sun, 27 Feb 2022 10:17 AM (IST)
Old Pension in Madhya Pradesh: Bhopal(State Bureau). There has been an atmosphere in the country regarding the old pension to the employees appointed after the year 2005. After Rajasthan, the Jharkhand government is also going to take a decision in this direction soon. In view of this, the pressure on Shivraj government is also increasing. Teachers are reaching out to the MPs and MLAs of power and opposition in a systematic manner. They have also started writing to the government. So far, more than 50 MLAs in the state have given their support to the demand of teachers by writing a letter to the Chief Minister. The permanent workers have also opened the front. Amidst these circumstances, it is expected that the government can announce the restoration of old pension during the assembly session.
Two lakh 87 thousand teachers and 48 thousand permanent workers are struggling for restoration of old pension in the state. Rajya Sabha member Vivek Tankha from Congress and Congress MLA Laxman Singh have also openly come out in favor of old pension. Tankha has appealed to the government by tweeting to take a decision in this direction. Former minister PC Sharma has also written a letter to the CM.
What is Contributory Pension Scheme
10% amount is deducted from the basic salary of the employees. In which 14 percent government is involved. 40 to 60 percent of the total deposit amount along with interest is given to the employee in lump sum on retirement. Pension is available from the remaining amount, which is currently being available from five hundred to three thousand rupees.
Benefits of old pension: On retirement, half of the last basic pay and dearness allowance is received as pension for life. Dearness Allowance increases twice every year and family pension is given to the wife of the pensioner in the event of his death.
Benefits to employees: With the restoration of old pension, the officers and employees will save 10 percent of their share. There will be a guarantee of getting half the salary in the form of pension for life.
Benefits to the government: The largest number (2.87 lakh) in the recruitment after the year 2005 is of teachers. The retirement of a large number of teachers will start after the year 2032. That is, till then a huge amount of the government will not be spent in the form of pension. Rather, there will be a saving of more than five hundred crore rupees given every month in the contribution pension scheme and at present it has political benefits as well.
Understand the math of benefits of employees like this
Bharat Patel, president of Azad Teacher Teacher Association, says that two lakh 27 thousand teachers have been recruited after the year 1998. Their retirement will start after 2030. While there are 50 thousand such teachers, who have been recruited between 1995 and 1998. That’s why every month about one hundred teachers retire and about two hundred regular teachers. The amount that will be spent on the pension of the new teachers will be saved from the salary of the old teachers on retirement. Then where did the financial burden on the government come from? Ashok Pandey, president of MP Employees’ Forum, says that the government spends Rs 134 crore every month on adding contribution to the pension of permanent workers. It is to be known that at present, the government has to spend four thousand crore rupees annually on including the share in the contribution pension of teachers and permanent workers.
Posted By: Prashant Pandey