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The Hindu
The Hindu
National
Vijaita Singh

Central government employees warned against participating in rally to demand Old Pension Scheme restoration

The Central government on Wednesday warned government employees against participating in a rally to demand the restoration of Old Pension Scheme (OPS).

An order issued by the Department of Personnel and Training (DoPT) said “any employee going on strike in any form, including protest, would face the consequences which, besides deduction of wages, may also include appropriate disciplinary action.”

As on March 1, 2022, there were 30.13 lakh Central government employees. Restoration of OPS is a key electoral issue. NPS is a contributory pension scheme with matching contribution from the government and is market-linked, while the OPS assures life-long income, post-retirement, usually equivalent to 50% of the last drawn salary. Government employees joining service in 2004 were mandatorily enrolled in the NPS.

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