5 months ago
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Tamil Nadu Government Employees Association criticised the Tamil Nadu government’s caller pension strategy announcement arsenic a instrumentality for “election campaigning and debates” alternatively than a genuine payment measurement for employees.
K. Balasubramanian, State peculiar president, TNGEA, remarked that portion the sanction of the caller strategy sounds appealing, it lacks substance.
Criticising it arsenic ‘attractive sanction with nary existent benefits,’ helium added, “There are present 4 antithetic pension models - the Old Pension Scheme (OPS), the New Pension Scheme (NPS), the Central Government’s Unified Pension Scheme (UPS), and present the Tamil Nadu Assured Pension Scheme (TAPS).”
Mr. Balasubramanian added that the request that lone those who implicit 30 years of work would person 50% of their past month’s wage arsenic pension. He demanded that this 50% warrant beryllium provided to each retirees unconditionally.
He urged the authorities to widen the strategy to fourlakh employees receiving peculiar time-scale pay, consolidated wage workers and outsourced staff. Consolidated wage workers should person astatine slightest fractional their wage oregon a minimum pension of ₹10,000.
He said that if the authorities collected General Provident Fund (GDF) from the 1.5 crore authorities employees successful Tamil Nadu, it would make thousands of crores successful interior investment. “There would beryllium nary request to question overseas to question investments if we utilised our ain employees’ funds,” helium stated.
He noted that the caller announcement is simply a rebranding of the New Pension Scheme and added: “The Old Pension Scheme (OPS) remains the champion enactment and pointed retired that states similar Punjab, Rajasthan, Madhya Pradesh, Delhi, and Himachal Pradesh person already implemented it.”
