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The demand for restoration of old pension in the central government is gaining momentum. Efforts have started to bring more than three million personnel on one platform. The purpose of all these is that the National Pension Scheme ie ‘NPS’ should be abolished. The central government should start giving the benefit of ‘old pension system’ again. Sreekumar, a member of the National Council of Staff Side (JCM) and general secretary of the All India Defense Employees Federation ‘AIDEF’, says that the central government has cheated the personnel by abolishing old pension. In NPS, if a worker retires after 25 years of service, then he will get a pension of two to four thousand rupees. In the old pension system, on retirement, the employee used to get 50 percent of his last basic salary, in which dearness relief was also added. A large number of personnel associated with the defense industry will reach Jantar Mantar in New Delhi on 26 September. Apart from this, on September 22, a memorandum will be handed over to 436 defense units of the country in the name of Dr. Jitendra Singh, Minister of State, Department of Personnel and Training.

NPS has been implemented for 18 years

All India Defense Employees Federation ‘AIDEF’ general secretary Sreekumar said, “Lakhs of personnel are being played with by the central government. In 2004, the old pension system was abolished and replaced by NPS. Except the army, the pension system was stopped in other departments. Last year, the government took the path of handing over public sector defense undertakings to private hands. More than two hundred years old ordnance factories were converted into seven companies. Now the four-year-old ‘Agniveer’ is recruiting in the army.

Sreekumar says, there is a lot of anger in all the departments of the central government about the NPS. The workers are suffering huge financial loss due to this. Their social security was also not guaranteed. After retirement, government employees are being deliberately pushed into sufferings. It has been 18 years since NPS was implemented. If an employee involved in this scheme retires, then he gets a pension of only three-four thousand rupees. In the old pension system, after retirement, the employee used to get 50 percent of his basic salary as pension. There were other benefits as well. Inflation relief was also added. All this is not there in NPS. 40 percent advance can be taken in the old pension system. After 15 years, 40% of the pension is returned. NPS is a market based system. In this, the economic profit is low, while the loss is high, because there is always a scope for risk in the market.

20 percent increase in pension after 80 years

In the old pension system, there is a provision that if the age of the retired employee crosses 80 years, then his pension increases by twenty percent. If one lives till 100 years, then he gets the same pension as Basic Pay. Some time back, a parliamentary committee has recommended that the pension should be increased by five per cent till the age of 65. After this, if the pensioner crosses the age of 70 years, then again his pension should be increased by five percent. After 80 years, there has been talk of increasing the pension by 20 percent. This was done because the life span of many people rarely reaches 80 years. The West Bengal government did not implement NPS in its own right. The old pension system is going on there. Now the old pension system has been implemented in Jharkhand, Chhattisgarh and Rajasthan also. Defense personnel from across the country will warn the central government through a demonstration at Jantar Mantar on 26 September. After this, there will be a ruckus against the Center by coordinating with other departments. If the central government does not implement the old pension system now, then it will have to bear the brunt in the 2024 Lok Sabha elections.

Expansion

The demand for restoration of old pension in the central government is gaining momentum. Efforts have started to bring more than three million personnel on one platform. The purpose of all these is that the National Pension Scheme ie ‘NPS’ should be abolished. The central government should start giving the benefit of ‘old pension system’ again. Sreekumar, a member of the National Council of Staff Side (JCM) and general secretary of the All India Defense Employees Federation ‘AIDEF’, says that the central government has cheated the personnel by abolishing old pension. In NPS, if a worker retires after 25 years of service, then he will get a pension of two to four thousand rupees. In the old pension system, on retirement, the employee used to get 50 percent of his last basic salary, in which dearness relief was also added. A large number of personnel associated with the defense industry will reach Jantar Mantar in New Delhi on 26 September. Apart from this, on September 22, a memorandum will be handed over to 436 defense units of the country in the name of Dr. Jitendra Singh, Minister of State, Department of Personnel and Training.

NPS has been implemented for 18 years

All India Defense Employees Federation ‘AIDEF’ general secretary Sreekumar said, “Lakhs of personnel are being played with by the central government. In 2004, the old pension system was abolished and replaced by NPS. Except the army, the pension system was stopped in other departments. Last year, the government took the path of handing over public sector defense undertakings to private hands. More than two hundred years old ordnance factories were converted into seven companies. Now the four-year-old ‘Agniveer’ is recruiting in the army.

Sreekumar says, there is a lot of anger in all the departments of the central government about the NPS. The workers are suffering huge financial loss due to this. Their social security was also not guaranteed. After retirement, government employees are being deliberately pushed into sufferings. It has been 18 years since NPS was implemented. If an employee involved in this scheme retires, then he gets a pension of only three-four thousand rupees. In the old pension system, after retirement, the employee used to get 50 percent of his basic salary as pension. There were other benefits as well. Inflation relief was also added. All this is not there in NPS. 40 percent advance can be taken in the old pension system. After 15 years, 40% of the pension is returned. NPS is a market based system. In this, the economic profit is low, while the loss is high, because there is always a scope for risk in the market.

20 percent increase in pension after 80 years

In the old pension system, there is a provision that if the age of the retired employee crosses 80 years, then his pension increases by twenty percent. If one lives till 100 years, then he gets the same pension as Basic Pay. Some time back, a parliamentary committee has recommended that the pension should be increased by five per cent till the age of 65. After this, if the pensioner crosses the age of 70 years, then again his pension should be increased by five percent. After 80 years, there has been talk of increasing the pension by 20 percent. This was done because the life span of many people rarely reaches 80 years. The West Bengal government did not implement NPS in its own right. The old pension system is going on there. Now the old pension system has been implemented in Jharkhand, Chhattisgarh and Rajasthan also. Defense personnel from across the country will warn the central government through a demonstration at Jantar Mantar on 26 September. After this, there will be a ruckus against the Center by coordinating with other departments. If the central government does not implement the old pension system now, then it will have to bear the brunt in the 2024 Lok Sabha elections.

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