RAIPUR: Chhattisgarh chief minister Bhupesh Baghel on Friday wrote to Prime Minister Narendra Modi, requesting him to direct the Pension Fund Regulatory and Development Authority (PFRDA) to return the Rs 17,240 crore deposited with NSDL under the New Pension Scheme to the state. Chhattisgarh has reverted to the old pension scheme for its employees.
In his letter, Baghel says: "There is no such specific provision in the agreement made by the state government with NPS Trust and NSDL, which stops the state government from restoring the Old Pension Scheme. In the federal structure, it is the sovereign decision of the state government. It will be inappropriate to stop implementation of a decision, which was announced in the state budget and later approved in the cabinet aiming to secure the future of employees and their families."
