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The Times of India
The Times of India
National
TNN

‘Magician’ Rajasthan CM Ashok Gehlot pulls pension rabbit out of budget hat

JAIPUR : In an attempt to woo state government employees ahead of 2023 assembly elections, chief minister Ashok Gehlot on Wednesday pulled off a masterstroke by reintroducing the old pension scheme (OPS) for employees who were appointed on and after January 1, 2004. Nearly 3 lakh employees in the state will be benefited by this move.

After restoration of the old pension scheme, the employees will get full pension when they retire. With this, the New Pension Scheme (Contributory Pension Scheme), which was introduced by the Vajpayee government in 2004, will end. This is likely to increase the pension by 30% to 40%.

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