At the initiative of Leader Minister Bhupesh Baghel, the outdated pension scheme has been applied for the state govt staff in Chhattisgarh. With this choice, officials and staff of the New Contributory Pension Scheme may also get started getting the good thing about the outdated pension scheme from this monetary yr. About 3 lakh officials and staff gets have the benefit of this choice.
It’s value citing that within the funds consultation of the Vidhan Sabha, Leader Minister Shri Bhupesh Baghel had introduced to put in force the outdated pension scheme for the workers of the state govt. More than a few staff organizations of the state govt were challenging for a very long time to put in force the outdated pension scheme rather than the brand new contributory pension scheme at the staff appointed on and after November 01, 2004.
In line with the directions issued via the Finance Division in regards to the outdated pension scheme, directions had been issued to deduct 12 p.c of the elemental wage within the provident fund from April 1, 2022. In a similar fashion, 10 p.c per month deduction for the brand new contributory pension scheme from the wage of state govt staff appointed within the yr 2004 and after has been abolished from April 1, 2022.
It has additionally been discussed within the issued directions that the main points of deduction of Basic Provident Fund will probably be stored one after the other on the Directorate, Treasury Account and Pension stage and this quantity will probably be proven within the new Basic Provident Fund account quantity allocated to the involved staff.
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