Union Minister of Labour and Employment and Chairperson, Central Board of Trustees, EPF, Dr Mansukh Mandaviya has approved the proposal for a Centralised Pension Payment System (CPPS) for Employees’ Pension Scheme, 1995.
The recent introduction of the Unified Pension Scheme (UPS) by the Centre aims to balance the conflicting demands of fiscal responsibility and guaranteed pensions for public employees.
Under the Universal Pension Scheme, people belonging to the SC and ST communities will start getting pension from the age of 50.
The new pension scheme for its employees, inferior to the existing one, is a case in point. More disturbing is the denial, due to some flimsy objections, of the higher pension right to a large number of employees already covered under the Employees’ Provident Fund (EPF) scheme, not to speak of the total exclusion of a category of employees recruited after 1 September 2014.
While delivering the ruling, the court observed that pension is not a bounty, it is earned for rendering a long and satisfactory service.
The Rajasthan government employees, who complete 25 years of service, will now get the benefit of full pension service.
Petitions Committee has summoned officials of the finance department as well as those of the social welfare department to get to the bottom of the matter.
The nonagenarian (convict No.-7273/A), who was arrested for murder in March 2013 at the age of 85, was sentenced to life imprisonment on 22 January, 2015. Activists seek his premature release.
Accordingly, SPARSH has been successfully disbursing monthly pensions to over five lakh pensioners, including 4.47 lakh pensioners who migrated from the legacy system to SPARSH (post 01.01.2016 retirees) up to 31 March 2022.
Lieutenant General DS Hooda (Retd) in a tweet said: "Veterans complaining of pension stopped without explanation. For most, this is the only source of income. Is this how the we say 'Thank you for your service to the nation'? Request @rajnathsingh to intervene."
