India News | If We Come to Power in Karnataka, Old Pension Scheme Will Be Implemented: AAP


Bengaluru (Karnataka) [India]December 20 (ANI): The Aam Aadmi Party on Tuesday announced that if the party comes to power in Karnataka, it will implement the Old Pension Scheme (OPS), for which the state’s NPS employees went on an indefinite strike.

AAP vice-president Bhaskar Rao, who along with party leaders went to Freedom Park to extend support to protesters demanding OPS, announced that if AAP comes to power in the state, NPS will be scrapped soon after the party comes to power in the state.

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Speaking at the protest, Bhaskar Rao said, “During the Punjab elections, the Aam Aadmi Party had promised to implement OPS if it came to power. Accordingly, the cabinet there had approved the implementation of OPS in November and the government had sent a gazette notification. In Gujarat, too, AAP had given an assurance. to implement OPS, but the party did not come to power there. If we come to power in Karnataka, we are committed to implement OPS. We will clearly mention this in the election manifesto and the guarantee card that will be given to Citizens. AAP is always committed to protect the interests of government employees.” he said

AAP leader Brijesh Kalappa alleged that the needs of the common man do not matter to the Center and the current state government and for them “only capitalist companies are important”.

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“For BJP governments at the center and state, only the capitalist businessmen are important. The needs of the common man, including the workers, laborers, farmers, small businessmen, do not care about the BJP government. They have been protesting for so long and now the government workers have come out on the streets. BJP leaders to the government workers they have even the slightest concern, let them abolish NPS and implement OPS at the earliest,” he said.

Ravi Shankar, state president of AAP’s labor wing, said scrapping NPS and introducing OPS “will not put a huge financial burden” on the government.

“Employees who joined government service after 2006 feel secure because of NPS. They are worried about their post-retirement life. Abolition of NPS and introduction of OPS will not bring much financial burden to the government. Contribution of NPS trust is more than 16,000 crores. and if introduction of OPS, contribution will be avoided. When NPS is scrapped, the money received along with interest can be used for government development work,” he said.

Karnataka is due to go to Assembly polls next year.

The Punjab Cabinet has approved the restoration of the Old Pension Scheme. Faced with various demands of the government employees, the Punjab government decided to restore the Old Pension Scheme.

Earlier, Rajasthan, Chhattisgarh and Jharkhand also reverted to the Old Pension Scheme and canceled the new pension scheme. Under the old pension scheme, a government employee is entitled to a monthly pension after retirement. The monthly pension is usually half of the person’s last salary. Under the new pension plan, employees contribute a portion of their salaries to the pension fund. Accordingly, they are entitled to receive a one-time amount of money on the amount of income. To be taken into account, the old pension scheme was suspended in December 2003, and the new pension scheme came into effect on April 1, 2004. (ANI)

(This is an unedited, auto-generated story from the Syndicated News feed, LatestLY Staff may not have modified or edited the body of the content)

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