New Rules-SOP on Old Pension, file Returned from Law Department

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OPS not Restored in Electricity Board

Work has started in Himachal on creating new pension rules regarding old pension and preparing a draft of Standard Operating Procedure i.e. SOP.

The file sent by the Finance Department to the Law Department has returned. However, the Law Department has given a unclear reply on the agreement of the New Pension Scheme.

The Finance Department had sent copies of the NPS Agreement and the PFRDA Act together and asked the Law Department that if this agreement is broken unilaterally, then what will be its side effects?

After the opinion from the Law Department, work has started on the new pension rules. However, instructions are still awaited on what to do with GPF.

New-Rules-SOP-on-old-pension

The biggest reason for this is that the decision at the state government level is still under reconsideration whether NPS contribution should be completely discontinued or not.

However, there is no doubt that the employee will get old pension after retiring. The idea is after the Center’s offer, which allows additional loans to be taken in lieu of NPS contribution.

Sources in the Finance Department say that the cabinet can also be separate on old pension. All things about this will be finalized before the Chief Minister’s budget speech.

On the other hand, on Monday, the social media account of Chief Minister Sukhwinder Singh Sukhu also extended support to the employees of Haryana who are protesting there for old pension. The Congress is also going to make old pension the main issue in Haryana.

Chief Minister Sukhu Held a Secret Meeting on the Budget

Chief Minister Sukhwinder Singh Sukhu has held a secret meeting on his first budget on Monday. This meeting has been held at the State Secretariat or Chief Minister’s Office instead of Administrative Training Institute Hipa Mashobra.

A few selected officers including the Chief Secretary attended this meeting. Sukhu will present the budget for the first time in the budget session of the assembly starting from 14 March and this budget will tell the direction of his government.

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