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Chhattisgarh notifies outdated pension plan with impact from April 1, 2022 | India Information – Occasions of India

RAIPUR: The Congress authorities in Chhattisgarh has issued the notification for implementation of the Previous Pension Scheme (OPS) with impact from April 1, 2022. Staff have been given the choice of selecting between the New Pension Scheme and OPS.
Authorities staff, appointed between November 1, 2004, and March 31, 2022, must select NPS or OPS, the notification issued by the finance division says.
The Congress governments in Rajasthan and Chhattisgarh have switched to OPS, as has the newly-elected Congress authorities in Himachal Pradesh. The JMM-Congress authorities in Jharkhand has additionally determined to re-introduce OPS.
Chhattisgarh and different states had despatched proposals to the Pension Fund Regulatory and Improvement Authority (PFRDA) to return the gathered corpus of subscribers beneath NPS however PFRDA stated there isn’t any such provision.
CM Bhupesh Baghel has written to PM Narendra Modi and finance minister Nirmala Sitharaman to return the state’s NPS corpus.

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