Business Standard

Considering restoration of old pension scheme, says Punjab CM Bhagwant Mann

Punjab Chief Minister Bhagwant Mann on Monday said his government is considering restoring the old pension scheme for government employees.

Chandigarh: Punjab CM Bhagwant Mann speaks during a function to provide financial assistance to the kin of the farmers, who died during the protest over farm reform laws, in Chandigarh, Sunday, May 22, 2022. (PTI

Press Trust of India Chandigarh
Punjab Chief Minister Bhagwant Mann on Monday said his government is considering restoring the old pension scheme for government employees.
Restoration of the old pension scheme, which was discontinued in 2004, has been one of the major demands of the state government employees.
"My government is considering reverting to the Old Pension System (OPS). I have asked my chief secretary to study the feasibility and modalities of its implementation. We stand committed to the welfare of our employees," Mann said on Twitter.
In August last year, Aam Aadmi Party leader and incumbent Finance Minister Harpal Singh Cheema had promised to restore the old pension system if the party was voted to power in Punjab.
Punjab Civil Secretariat Staff Association chairman Sukhchain Singh Khaira welcomed the chief minister's announcement and said the state government employees have been struggling to get the old pension system restored.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Sep 19 2022 | 2:51 PM IST

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