Excelsior Correspondent
JAMMU, Mar 17: Sainik Samaj Party (SSP) has urged upon the J&K Lieutenant Governor and Union Government to restore Old Pension Scheme (OPS) for government employees of the UT.
SSP president, Col. S.S Pathania said that New Pension Scheme (NPS) introduced in 2003 by BJP led NDA government was implemented in 2004 to reduce the pension bill of Government and life expectancy increase factor was also taken into consideration.
“NPS has numerous complexities and problems like taxation at the time of withdrawal, no provision of DA and so on,” he maintained adding: “Rajasthan, Chhattisgarh, Himachal Pradesh, Jharkhand and Punjab have already reverted back to OPS and protests are taking place in remaining States demanding OPS.”
Col. Pathania said that notwithstanding financial burden on the Government, welfare of its employees and pensioners remains the prime responsibility of the Government.
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