Decoded: How UPS is better than old pension schemes for govt employees
The Central government has introduced a new pension scheme, the Unified Pension Scheme (UPS) which will come into effect from April 1, 2025.
The Central government has introduced a new pension scheme, the Unified Pension Scheme (UPS) which will come into effect from April 1, 2025.
Koustab Sadhu (23), a resident of Hooghly Gurap, Khajurdaha, Milki gram panchayat, pursuing physics honours from Chhattisgarh’s Guru Ghashidas University, drowned in a dam on Sunday.
The announcement to this effect was made by the state education minister Bratya Basu on Thursday.
This decision, as reported, signifies a significant shift in the government's approach to regulating the personal lives of its employees.
These instructions would also be applicable to all Boards or Corporations of the state government and be strictly complied with.
Divulging the details a spokesperson of the Chief Minister’s Office said the decision will entail an additional financial liability of Rs 356 Crore to the state exchequer.
To win the confidence of the government employees and teachers in Chhattisgarh, the Bhupesh Baghel-led government is trying to implement the Old Pension Scheme (OPS) at the ground level. There are serious challenges on how much the Congress will benefit politically from this scheme because nearly half of the total government employees covered under the New Pension Scheme (NPS) are teachers, who have been merged under it in 2018.
A roadside bomb struck a bus of government employees in Mazar-i-Sharif, the capital of Afghanistan's Balkh province, a police spokesman said.
It will cause an additional financial burden of Rs 500 crore on the state exchequer.
Altaf Hussain Pandit, a chemistry professor at the Kashmir University, Mohammad Maqbool Hajam, a teacher in the School Education Department and Ghulam Rasool, a Jammu & Kashmir Police constable were terminated from service on the charge of involvement in terrorist activities.
