Maharashtra gazetted employees' union unhappy with Unified Pension Scheme
Wednesday, 28 August 2024 Three days after the Maharashtra state cabinet approved the Centre’s Unified Pension Scheme (UPS), the Maharashtra State Gazetted Employees Federation (MSGEF) expressed dissatisfaction. The MSGEF prefers the revised pension scheme by the Subodh Kumar committee over the UPS. They also demand the return of the 10% employee contribution to the New Pension Scheme upon retirement.
The Modi government has introduced the Unified Pension Scheme (UPS), designed to secure the financial future of government employees while maintaining economic stability. Unlike the Old Pension Scheme (OPS), which risked bankrupting state governments, the UPS offers a sustainable solution that...
Wednesday, 28 August 2024
