Old Pension Scheme: Old pension scheme can be implemented again in Karnataka. Karnataka Chief Minister Siddaramaiah indicated on Tuesday that he would discuss in the cabinet meeting the issue of restoring the old pension scheme (OPS) for state employees. Apart from this, he will announce the decision in the budget. The Chief Minister’s Office said in a statement that CM Siddaramaiah interacted with a delegation of office bearers of the New Pension Scheme Employees Association who had come to meet him demanding the cancellation of NPS.

Former MLC VS Ugrappa said this On the occasion, former Legislative Councilor VS Ugrappa has said that about 2.163 Lakh workers come under NPS. At the same time, his pension amount is deposited in National Securities Depository Limited (NSDL, NSDL). Ugrappa said that this amount can be deposited in the Government Provident Fund and the said amount can be provided when the employee retires.

Disciplinary action should be withdrawn I told the government that a decision should be taken to withdraw the disciplinary action against those personnel who had participated in the Vote for OPS campaign. Karnataka State NPS Karmi Sangh President Shantaram Teja said, NPS has been canceled in Rajasthan and Chhattisgarh. It should be canceled in Karnataka also and OPS should be implemented.

12 thousand crore rupees will be saved Ugrappa said that the cancellation of NPS 19 Thousand crores of rupees will be available which can be used in the development works of the government. Employees’ contribution of Rs 846700 crore should be converted into GPF and Government share of thousand crore rupees can be used in development work.

KarnatakaOld pensionPublished Date

Tue, Jun 13, 2023, 10: 14 PM IST