Maharashtra govt considers return to Old Pension Scheme (OPS) for THESE employees

New Delhi: The Maharashtra administration has now intimated that it's contemplating returning to the Old Pension Scheme (OPS) for academics and authorities

New Delhi: The Maharashtra administration has now intimated that it’s contemplating returning to the Old Pension Scheme (OPS) for academics and authorities workers after the Himachal Pradesh authorities honoured its election pledge and did so for presidency workers.

Eknath Shinde, the chief minister of Maharashtra, acknowledged that the state training division is researching the outdated pension plan and that the state authorities is “positive” about implementing the plan for academics and different public servants in Maharashtra. (Also Read: ‘Got laid off for the third time in 4 months’: IT worker writes heart-rending publish after being fired from Google)

At a rally for the Legislative Council elections in Thane, Shinde acknowledged, “The state education department is investigating the old pension programme.” Government workers obtain an outlined pension below the earlier pension plan, equal to 50% of the ultimate drawn wage. However, below the brand new pension plan, authorities workers are required to contribute a portion of their present salaries to their pensions. (Also Read: IT layoffs 2023: Around 3000 workers are being fired daily in January by tech giants)

“The previous pension plan for teachers and government employees, non-aided institutions, and a 25% reservation in English-medium schools are all supported by the government. The old pension system is being studied by the education department “According to the news supply PTI, Shinde acknowledged.

The opposition has focused the state administration over initiatives shifting to neighbouring states, and Shinde questioned the standing of MoUs signed by the earlier Maha Vikas Aghadi (MVA) authorities. Shinde acknowledged his authorities will reply to the opposition with motion. Shinde led a state authorities delegation to the simply completed Davos assembly, the place the state authorities acquired quite a few funding concepts.

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