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Workers will get outdated pension, there can be no burden on the exchequer

Employees will get old pension, there will be no burden on the exchequer

.So Workers will get outdated pension, there can be no burden on the exchequer, Lucknow. Previous pension is a giant difficulty amongst authorities staff. Now and again, the displeasure of the workers additionally involves the fore. Lucknow College has claimed to have solved this query which has been troubling the federal government. In line with the analysis of the College of Commerce, the workers can even have the ability to get outdated pension and there can be no extra burden of income expenditure on the federal government.,

1679061952 840 Employees will get old pension there will be no burden
Workers will get outdated pension, there can be no burden on the exchequer

Former Head of the Division of Commerce, who ready the analysis paper, Prof. Somesh Shukla informed that the brand new pension scheme additionally has the identical guidelines which have been there within the outdated pension scheme. On this additionally the workers and the federal government contribute equally. The identical association is there within the outdated pension scheme. Then the worker ought to get the outdated pension. He informed that every one these necessary information have been thought of within the analysis paper in order that the federal government doesn’t endure loss. Professional. Instructed {that a} fastened pay scale of the worker has been taken within the analysis paper. With this it has been mentioned that the quantity that the federal government invests within the inventory market. As a substitute of placing it there, put it in a scheme like LIC or NSC in put up places of work. As a result of the rate of interest of those establishments is excessive and it additionally stays fastened. In such a state of affairs, when the worker retires, a considerable quantity can be prepared. This may be the answer. Somesh Shukla informed that if the common wage of the worker on the time of retirement is 50 thousand. So he’ll contribute 60 lakhs in 30 years of service. Whereas the identical contribution can be made by the employer. Whose 90 p.c he ought to deposit within the worker’s account as PF and deposit 10 p.c as medical facility. On this approach, alongside along with his pension, medical services will also be given to the worker. This is not going to put any extra burden on the federal government. Other than getting all the advantages to the worker, 50 p.c of the essential wage will also be paid as pension.

Harshit Jaiswal

Harshit Jaiswal

Harshit Jaiswal is CEO and founder of @harshitj183's blog. Thank you for choosing @harshitj183's blog as your source for all things news and information. We appreciate your continued support!

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