1000’s of staff of assorted State and Union governments and public sector items belonging to the Authorities Staff Nationwide Confederation (GENC) held a rally in New Delhi on Wednesday demanding the restoration of the outdated pension scheme (OPS). A delegation of the employees additionally met Union Finance Minister Nirmala Sitharaman and instructed her by way of a memorandum that dissatisfaction, resentment and grief arose amongst staff over the Nationwide Pension Scheme (NPS). The GNEC is the commercial unit of the Bharatiya Mazdoor Sangh (BMS), the commerce union of the Sangh Parivar.
The leaders stated the OPS was a assured pension amounting to a minimal of fifty% of the final fundamental pay with provision of dearness aid for value neutralisation and a compulsory revision in tune with the suggestions of the Central Pay Commissions. The protesting staff had been principally from Defence, Railways, Postal and Central authorities institutions just like the Archaeological Survey of India and EPFO.
BMS basic secretary Ravindra Himte and GNEC basic secretary Sadhu Singh had been a part of the delegation that met Ms. Sitharaman. Mr. Singh stated in a launch that the BMS was opposed from the start to the choice to discontinue the Outdated Pension Scheme (CCS Pension Guidelines, 1972) from January 1, 2004, and launching the NPS by way of an Ordinance on December 22, 2003. He stated the NPS is a non-guaranteed, market-based contributory pension scheme. “Before January 1, 2004, the old pension scheme provided a non-contributory guarantee, ensuring that 50% of the last salary became the pension upon retirement. Additionally, the scheme was intricately linked to the price index, resulting in the receipt of dearness allowance twice a year in January and July. Government employees, who feel deprived of their rightful pension under the guise of social security, are now urgently appealing to the government of India to abolish NPS and reinstate the OPS,” the BMS stated within the memorandum to the Minister.
They instructed her that in the previous couple of years, many State governments have abolished NPS and introduced again OPS. “This aroused hope among the employees of the remaining States and the Central government that the government will think about us, but due to no announcement till now, there is disappointment and dissatisfaction among the employees,” they stated within the memorandum.