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900 start getting pension under OPS: RTI

Jaipur: As many as 900 employees, who retired after April 1, 2022, have started getting the benefits of the old pension scheme (OPS) in Rajasthan, an RTI response obtained from the state's pension and pensioners welfare department has said. The old pension scheme was restored in the state in April 2022.
The RTI application was filed by Vinod Kumar Chaudhary of the New Pension Scheme Employees’ Federation of Rajasthan (NPSEFR).
Meanwhile, the state’s finance department had issued an order to implement the old pension scheme (OPS) for the employees working in boards, corporations, autonomous, semi-autonomous bodies and universities (set up on or after January 1, 2004), an order issued by the department said.
It also includes all such bodies which were under NPS (new pension scheme), CPF and EPF, the order stated. The employees of boards, corporations, universities, autonomous and semi-autonomous bodies will now have to open a GPF (general provident fund)-linked account on being brought under the scope of the old pension scheme (OPS), said a finance department official.
Employees of boards, corporations, autonomous and semi-autonomous bodies and universities have been demanding that they should be brought under the purview of the state life insurance coverage scheme on a similar pattern as state government employees.
“It will ensure social security for such employees. The financial benefits under the state life insurance coverage are higher than any insurance coverage/policy in the country. Employees can avail loans within 24 hours under this coverage,” said Chaudhary, convener, NPSEFR.
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