Raipur: Old pension scheme implemented in Chhattisgarh

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Raipur, 11 April 2022. On the initiative of Chief Minister Bhupesh Baghel, the old pension scheme has been implemented for the state government employees in Chhattisgarh. With this decision, the officers and employees of the new contributory pension scheme will also start getting the benefit of the old pension scheme from this financial year. About three lakh officers and employees will get benefit from this decision.

It is worth mentioning that in the budget session of the Vidhan Sabha, Chief Minister Shri Bhupesh Baghel had announced to implement the old pension scheme for the employees of the state government. Various employees organizations of the state government had been demanding for a long time to implement the old pension scheme in place of the new contributory pension scheme on the employees appointed on and after November 01, 2004.

According to the instructions issued by the Finance Department regarding the old pension scheme, instructions have been issued to deduct 12 percent of the basic salary in the provident fund from April 1, 2022. Similarly, 10 percent monthly deduction for the new contributory pension scheme from the salary of state government employees appointed in the year 2004 and after has been abolished from April 1, 2022.
It has also been mentioned in the issued instructions that the details of deduction of General Provident Fund will be kept separately at the Directorate, Treasury Account and Pension level and this amount will be shown in the new General Provident Fund account number allotted to the concerned employees.