Salary enhancement for Rajasthan government staff

10% deduction under New Pension Scheme to be abolished

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Starting April, the salary of the state government employees of Rajasthan will be increased. Chief Minister Ashok Gehlot has announced that there will be no more deduction of 10 per cent of the basic salary towards the new pension scheme or NPS. The move, which has been welcomed by all, is a step towards restoring the old pension scheme.

Till now, 10 per cent deduction was made from the basic salary of all employees who have joined since January 2004, every month, under the NPS. Now, the practice will be stopped.

The amount deducted till now will be adjusted in the Pensioners Medical Fund under the Rajasthan Government Health Scheme (RGHS). The remaining will be returned to the employees with interest when they superannuate.

Therefore, now the employees will receive an enhanced salary, with the hike ranging from Rs 2,000 to Rs 10,000 per month.

At least 5.50 lakh employees will benefit from this move.

Additionally, it was announced that a Women’s Cooperative Bank will be launched in the capital, Jaipur, to facilitate loans for women. The state government will provide a fund of Rs 250 crore to get the Bank started. A sum of Rs 20,000 will be given as pension for players who are older than 40.

The Chief Minister also announced the setting up of a Food Safety Directorate, along with a scheme to promote distance education for girl children of the State.

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