We are going to share the news about the topic, which is taking the place of controversy. Yes, we are talking about a headline published on the web: “The forest fire of the old pension system must be stopped before it is too late.” Political parties are debating whether to continue with the National Pension System or stop the shame. This topic is a hot topic of discussion. The Congress won the elections by a very narrow margin, which is attributed to the promise to restore the OPS. That promise was fulfilled after taking place as a newly elected government.
What is NPS and OPS and their benefits?
However, OPS cannot be the real reason for this victory after the fight with Keenly. Some people support the plan and others are against it. If we ask you, what would you suggest for this? Should the Old Pension Plan wildfire be stopped? Should OPS be continued? Before analyzing the matter, let’s take a look at the OPS. Under this scheme, the government pays the full amount of pension to the employees who were working in the government sector and they receive this amount after retirement. An important note is that employees’ salaries are not deducted to give them a pension. So, it is clear that the government has to spend a lot of money.
According to the report, the National Democratic Alliance stopped the OPS in 2004 and introduced the NPS for government employees. Under the NPS plan, people can contribute an amount every month for years and receive a pension after retirement. This was a replacement for the OPS scheme. In this scheme, government employees can contribute 10% of their basic salary and the government will contribute 14% of the basic salary. Other citizens can contribute a minimum of Rs 500 per month to the NPS. Read this article until the end to learn more about what’s new.
Furthermore, the vast majority of voters are not affected by the choice between OPS and NPS, but can be influenced by passionate campaigns. It is mentioned that Himachal has a somewhat strange anthropology, where at least one member works for forces, which draws OPS attention. After all, in elections victory is doubtful. The tiny but bustling one. What do you think about stopping the OPS scheme? We have included NPS vs OPS points, which was important to add for better explanation. If we get more details they will be uploaded very soon. Stay tuned for more updates.
Categories: Trending
Source: vtt.edu.vn