Favorable Update on Recovery of Old Pension Scheme for Employees- Pensioners

Favorable Update on Recovery of Old Pension Scheme for Employees- Pensioners

A Favorable news for the government employees- pensioners. There is a novel update that has been brought out with regard to the old pension scheme.

As the Punjab Education Minister Harjot Singh Bains has states that the notification concerning the recovery of the old pension scheme going to be promulgated in a short time.

The state government is all set to put into effect this scheme as it was before January 1, 2004. The settlement will be financially advantageous for lakhs of preceding or former employees of Punjab. Accompanied by this, Punjab Education Minister also said that there are uneasiness or worry that are being elevated by some employee organizations that DA and handout will be chiseled in by the state government during the time of execution of the old pension scheme, but it is not the case.

This is confirm that there will be no adjustment or alters in the old scheme throughout the time of execution. This notification for the recovery of the old pension scheme will be promulgated shortly.

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According to the report the same worker captain also requested the cabinet minister that while recovering the old pension scheme, there will be no changes made by the government, because the former workers will not endure it under any repercussions.

Let us tell you that MLA Narinder Pal Singh Sawna has also said that by promulgating the notification of the old pension scheme in the near future, while the advantages of this scheme would be provided to the workers, additional assurance given by the Punjab government would be accomplished.

MLA Sawna is dedicated to complete all the exigencies of former workers. A short time ago, on Diwali, the Bhagwant Mann government of the state has given his consent to old pension scheme, giving a reward to the government former workers and pensioners of Punjab.

In such matter, the former employees of Punjab will now be provided with old pension. Punjab CM Bhagwant Mann has stated that the Aam Aadmi party’s government will reinstate the old pension scheme.

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