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Central Government News

NEW PENSION SCHEME DEMAND TO SCRAP IT: NPS TO OPS

NPS TO OPS: NEW PENSION SCHEME DEMAND TO SCRAP IT NEW PENSION SCHEME DEMAND TO SCRAP IT NEW PENSION SCHEME (NPS) : The New Pension Scheme is made compulsory for Government employees was brought into effect 2004, this has effected them a lot, lot of agitations are being carried out on scrapping the New Pension Scheme, this agitations has forced many State Governments such as Karnataka, Kerala, Andhra Pradesh, Delhi State Governments to reconsider this New Pension Scheme and formed an expert committee to review this New Pension Scheme. This New Pension Scheme was not implemented by West Bengal State Government. In this angle an analysis is made all about New Pension Scheme and ways to scarp or modify the New Pension Scheme to benefit the Government employees at large is suggested. Need for Pension   : The Pension System thus started in India was finalized by the Indian Pension Act of 1871. It appears that the British Government had the conception of providing its pensioners in...