Maharashtra to Announce Decision on Old Pension Scheme for Teachers within 3 months

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Ajit Pawar, Maharashtra’s Deputy Chief Minister and Finance Minister, declared on Monday that the state government would reach a decision within three months concerning the implementation of the Old Pension Scheme (OPS) for teachers. During the Question Hour, he emphasized relief for teaching and non-teaching staff in semi-government and aided institutions in Maharashtra who joined after the notification’s issuance.

Government’s Decision and Contribution:

Pawar responded to inquiries from BJP members Sanjay Kelkar, Ashish Shelar, and Congress member Balasaheb Thorat, outlining that individuals opting for the OPS would contribute 10 percent, with the state adding 14 percent.

Scope of the Decision:

The government recently resolved to extend the OPS option to government employees whose positions were advertised before November 1, 2005, but commenced their service after that date. This decision encompasses the application of various retirement fund management rules for government officials and employees within the Central government’s jurisdiction.

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Legal Considerations and Economic Context:

Pawar mentioned that the decision had not been applied to teachers and non-teaching staff in semi-government and aided institutions due to the matter being sub judice. He also highlighted the Central government’s discontinuation of the Old Pension Scheme in favor of a new one, in response to the country’s and states’ economic conditions.

Requests and Committees:

In response to the call for OPS implementation, state governments have sought details from the Central government, and a committee of retired officials has been established to address their demands. Discussions with associations of government officials and employees have taken place, with a specific request made during the Nagpur winter session regarding the state government’s stance on implementing the old pension.

Assurance and Pro-Employee Stance:

Ajit Pawar assured that the current government is pro-employee and committed to providing proper justice in this matter, ensuring that employees will not be left in the lurch.

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