December 10, 2023 4:10 am

Punjab government staff edgy over old pension scheme restoration

Employee unions have threatened to stage protests unless a proper notification is issued, State government is also facing the challenge of getting back the accumulated government’s share of ₹17,000 crore from the Central Pension Authority

With the Punjab government yet to notify the detailed scheme and the Standard Operating Procedures surrounding the restoration of the Old Pension Scheme (OPS), the anxiousness among the State employees is only growing even as experts feel that going back to the OPS will have financial implications in the long run.

Punjab government employees are up in arms against the ruling Aam Aadmi Party (AAP) government and have threatened to resort to an agitation if a ‘proper’ notification was not issued right away. The employees are demanding an immediate amendment to the Civil Service Rules and written details surrounding the pension policy, which has not been done in the notification.

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