HomePolitics and Current AffairsGehlot’s new tension to secure pension for government employees

Gehlot’s new tension to secure pension for government employees

By B S Reporter

A day after union finance minister Nirmala Sitharaman refuses to give back money deposited by in the New Pension Scheme against the provident fund corpus of employees joined after January 2004, chief minister reiterated his commitment for the implementation of old pension scheme.

Gehlot said that he knows to deal with them (Modi-Sitharaman).

“We have announced OPS this time. Union FinMin Sitharaman is opposing OPS. PM has protested in the Parl as well. Lot of things were said for States implementing the OPS. We will deal with them, we know how to deal with them. If govt repeats, schemes will become stronger. We will not let OPS come to an end,” he said.

Gehlot said that the new pension scheme (NPS) doesn't secure the future of employees as the corpus is market linked and is exposed to risk.
“This is a matter of the future of the employees. We are not doing any favour on them. After 35 years of service, instead of having a secure future, should the employees be dependent on the share market?” he said.

“When the NPS was implemented during the tenure of , we all accepted it. But, once it is understood that the employees can't be left at the mercy of the share market, then the change in strategy should be made,” he added.

He said that OPS should be implemented and that employees should ‘be made to believe that both the central and state government are with them in all situations.

The BuckStopper Reporter
The BuckStopper Reporterhttps://www.thebuckstopper.com
The BuckStopper, run by a group of seasoned journalists, holds the powerful accountable. The buck stops with them, as they cannot shrug off their official responsibilities.
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