Chandigarh, Aug 26, 2023: The Haryana government will make a decision regarding the demand of government employees to implement the old pension scheme (OPS) after the Centre makes a decision based on a committee’s recommendations. A committee has been established by the central government to look into the matter under the national pension scheme.
This was mentioned by the chief minister, Manohar Lal Khattar, in a written response to an unstarred question posed by Independent MLA Balraj Kundu on Friday during the first day of the monsoon session of the state assembly. According to the response, the state government often adopts the central government’s policies regarding salary and pensions.
According to his response, a committee was established by the Centre in 2001 to examine the financial liability resulting from pension provided to government employees. To set aside a corpus for payment of pension liabilities, which would otherwise have become a burden on the tax payer in the future under the OPS, the central government implemented a defined contribution pension, now called National Pension Scheme (NPS), with effect as of January 1, 2004, based on the committee’s recommendations.
The response stated, “Subsequently, the Haryana government adopted NPS with effect from January 1, 2006, for its employees. The fundamental principles regarding NPS continue to be the same. At present, the state government is contributing its monthly share at the rate of 14% for employees towards pension liabilities as against the employee contribution of 10%.”
