WebSep 19, 2024 · The old pension scheme was scrapped on April 1, 2004. It was replaced with a market-driven new pension scheme. All new employees joining the Central Government service (aside from the armed forces) as of January 1, 2004, are covered by the National Pension System (NPS).
Punjab govt. announces restoration of old pension scheme
Web1 hour ago · In 2004, a new National Pension Scheme (NPS) was introduced for government officials. The scheme was supposed to both reduce the government's expenditure on pensions and also provide higher pensions to employees after retirement, because their pension funds could be invested in the stock markets. 19 years later, government … WebOct 21, 2024 · Ahead of Diwali, Chief Minister Bhagwant Mann on Friday announced that the Punjab government will be restoring the old pension scheme for government employees. The decision has been taken during the cabinet meeting today. The cabinet has also approved giving 6 per cent instalment of DA. hp la2205wg datenblatt
3 lakh Punjab pensioners to get revised pension, arrears
WebSep 19, 2024 · The old pension scheme was discontinued on April 1, 2004, and replaced with the National Pension Scheme. Punjab Chief Minister Bhagwant Mann. (PTI) Punjab CM … WebSocial justice and welfare of children and women minister Dr Baljit Kaur on Thursday informed that 90,248 beneficiaries of the old age pension scheme in the state have been found to be dead in... WebOct 21, 2024 · The Punjab government on Friday decided to restore the old pension scheme for its employees, with Chief Minister Bhagwant Mann terming it a Diwali gift for the state … hpl 6mm bauhaus