Under the banner of Madhya Pradesh unit of ‘National Movement of Old Pension Scheme’, the affected employees are agitating for the demand of restoration of the old pension scheme and saying that the new pension scheme will be beneficial for them after retirement. The afterlife is insufficient to live. The AAP government of Punjab had recently announced to implement the old pension scheme in place of the new pension scheme for its employees. Under the old pension scheme, the retired employees used to get 50 percent of their last pay as monthly pension. In contrast New Pension Scheme is a Contributory Pension Scheme.

With Language Input