Good News For Employees, Old Pension Scheme Will Be Implemented In The State! CM Gave Hints

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The CM said that the state education department is studying the Old Pension Scheme (OPS). The state government is positive for teachers and government employees, old pension scheme for unaided schools and 25 per cent reservation in English medium schools .

Old Pension Scheme 2023: There is good news for the government employees of Maharashtra. After Rajasthan, Chhattisgarh, Punjab, Jharkhand and Himachal Pradesh, now old pension scheme can be implemented in Maharashtra also. CM Eknath Shinde has indicated this. If this happens, lakhs of employees of the state will get benefited.

Regarding the old pension scheme in Maharashtra, CM Eknath Shinde has said that the state government is positive about the old pension scheme of teachers and government employees. The education department of the state is studying the old pension scheme (OPS). Employees, old pension scheme for unaided schools and 25 per cent reservation in English medium schools is positive. Restoration of old pension scheme for teachers and government employees is being considered.


Difference Between OPS and NPS

Explain that under the old pension scheme, the employees get fixed pension. Under this, the employee is entitled to 50 per cent of the last pay drawn as pension. However, the pension amount is contributory under the National Pension System, which has been in effect since 2004. Under the old pension scheme, the full pension amount was given by the government to the employees-pensioners, it was discontinued from 1 April 2004. Under OPS, half of the employee’s salary is given as pension at the time of retirement.


Earlier, a statement by Maharashtra Deputy CM Devendra Fadnavis had come to the fore in which he had said in response to a question by Legislative Councilor Sudhir Tambe that it is not possible to implement the old pension scheme of 1982 at present, Maharashtra is owed Rs 6.5 lakh crore. There is debt and to implement it the state government will have to take a loan to pay the interest. If OPS is implemented, then the burden on the state will increase by Rs 1,10,000 crore. This will increase the debt on the state.