Old Pension System: Big news for employees! New pension system will be canceled! Old pension system will be implemented on this day

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Old Pension Update: Big news is coming out regarding the Old Pension Scheme. At present, there is a debate in the country regarding the implementation of the old pension system. Meanwhile, big news is coming out regarding the old pension system.

Old Pension News: Big news is coming out regarding the Old Pension Scheme. At present, there is a debate in the country regarding the implementation of the old pension system. Meanwhile, big news is coming out regarding the old pension system.

The old pension system is being implemented in many states of the country. At the same time, in many states even today there is a demand for the restoration of the old pension system by canceling the New Pension Scheme.

Choose the old pension scheme by August

Let us tell you that all the government employees can choose the old pension scheme. He has the option to choose this pension till 31 August 2023. Along with this, the government has told that the eligible employees who do not select the option of Old Pension Scheme (OPS) till August 31, will be put in the New Pension Yojana.

It will be implemented in many other states as well.

In Chhattisgarh also the state government has implemented it. Apart from this, it has been implemented in many states including Rajasthan, Punjab. In the year 2004, the Central Government abolished the old pension scheme and started the National Pension System instead.

What are the advantages of old pension scheme?

Talking about the benefits of the old pension scheme, its biggest advantage is that it is made on the basis of the last drawn salary. Apart from this, with the increase in the inflation rate, DA also increases. Even when the government implements the new pay commission, it increases the pension.

The post Old Pension System: Big news for employees! New pension system will be canceled! Old pension system will be implemented on this day first appeared on informalnewz.



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