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Himachal Pradesh govt announces restoration of  Old Pension Scheme in its first cabinet meeting

The Congress fulfilled the pre-poll promise as the Himachal Pradesh government once again restore the OPS in its maiden cabinet meeting.

By wasmulhaq 
Updated Date

Shimla: Before the assembly polls in Himachal Pradesh, the Congress party had promised to reinstate the Old Pension Scheme (OPS). The grand old party outstripped the ruling BJP and once again formed the government in the state. On Friday, the Congress fulfilled the pre-poll promise as the Himachal Pradesh government once again restored the OPS in its maiden cabinet meeting.

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Chief Minister Sukhvinder Singh Sukhu claimed that the issue has been resolved, and all the employees currently covered by the New Pension Scheme (NPS) will be covered under the OPS, but the issue will have been settled after consultation with the employees, and the officers from the finance departments have also expressed reservations about the restoration of the OPS.

Sukhu stated in a speech to workers on Thursday at the Himachal Pradesh Secretariat, “We are not reviving the Old Pension Scheme for votes but to give social security and maintain the self-respect of the employees who have scripted the history of Himachal’s progress.”

The Congress had assured about reinstating the OPS before the election. The OPS was abandoned in the country on April 1, 2004. 

Under the New Pension Scheme (NPS), employees contribute 10 percent of their basic salary towards their pension, while the state government contributes 14 percent.

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