Himachal govt notifies implementation of old pension scheme from Apr 1 ...Middle East

Economy by : (Business Standard) -
The Old Pension Scheme (OPS) would be restored from April 1, 2023 in Himachal Pradesh, benefitting 1.36 lakh employees who will no longer be required to faced deductions under the National Pension Scheme (NPS). A notification regarding implementation of the OPS was issued by the Chief Secretary on Monday. It said according to the cabinet decision for implementation of the old pension scheme, the contributions of the state government employees (employee's and employer's share) covered under the National Pension System shall be stopped with effect from April 1, 2023. Restoration of OPS was one of the main promises made by the Congress in the 2022 assembly polls and a decision in this regard wa

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