New Delhi : Let’s update the old pension system: If you are a civil servant yourself, or have a civil servant in your family, this news is for you. Officers and employees who were hired on the basis of job advertisements published by the Ministry of Unions and Human Resources before December 22, 2003 are considered entitled to an old-age pension. This entitles both IAS officers and employees to a pension. It has an option to apply until August 31, 2023. According to a letter sent by Sanjeev Narayan, undersecretary of the federal personnel ministry, the UP state personnel department has begun work.
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10% is deducted from the employee’s salary.
Let’s update the old pension system: From January 2004, the New Pension Plan (NPS) system was launched for government employees, replacing the old pension. NPS deducts 10 percent from an employee’s salary. The old pension had the function of GPF, but the new pension does not. Calls for the introduction of an old-age pension have been gaining momentum in states and centers for some time. Restored by some state governments. In such a situation, a letter from the union and personnel ministry will reassure employees.
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UP officials have sent letters to relevant departments
Let’s update the old pension system: Central Command personnel would not be covered, according to a letter from the Ministry of Personnel Affairs. UP Human Resources has sent a copy of this letter to the relevant government departments. Those who fall within that range will be given the option to select options until August 31, 2023. In a letter issued by the Ministry of Personnel Affairs, it stated that it advertised for government recruitment until December 22, 2003, and continued to accept applications for old-age pensions for those hired after January 2004. .
For this reason, until 2003, consideration was given to providing old-age pension benefits to executives and employees who found employment based on advertisements. For this the government has given a choice. If someone wants to join an old-age pension, they must choose that option. If the employee does not select this option by the due date, the employee will only receive her NPS benefits. If someone opts for an old-age pension, an order will be issued by October 31, 2023 and that person’s NPS account will be closed.