Ajit Pawar, Maharashtra’s Deputy Chief Minister and Finance Minister, recently addressed the implementation of the Old Pension Scheme (OPS) for teachers in the state.
Key Points Addressed
- Decision Timeline: Ajit Pawar announced that the state government will decide on the implementation of OPS for teachers within three months.
- Relief for Semi-Government and Aided Institutions: Teaching and non-teaching staff in semi-government and aided institutions who joined after a specified notification will receive relief under the OPS.
- Financial Contributions: Individuals opting for OPS will contribute 10%, with the state adding 14%.
- Government Employees Eligibility: The OPS option will also apply to government employees who started service after November 1, 2005, based on prior advertisements.
- Rules and Regulations: The Maharashtra Civil Services Retirement Rules 1982, Retirement Pension Scheme 1984, and General Provident Fund Rules will govern retirement funds.
Discussion in the Legislative House
During the Question Hour, Ajit Pawar addressed queries from BJP and Congress members regarding the OPS implementation.
State’s Economic Context
Pawar mentioned the economic conditions influencing the OPS decision, highlighting the discontinuation of the Old Pension Scheme by the Central government.
Multiple Choice Questions (MCQs):
- What did Ajit Pawar announce regarding the Old Pension Scheme implementation?
- A) Decision within six months
- B) Decision within three months
- C) Decision within one year
- D) Decision pending indefinitely
- Answer: B) Decision within three months
- Who will receive relief under the OPS in Maharashtra?
- A) Only government employees
- B) Only teaching staff
- C) Teaching and non-teaching staff in semi-government and aided institutions
- D) Private sector employees
- Answer: C) Teaching and non-teaching staff in semi-government and aided institutions
- What percentage will individuals contribute under the OPS?
- A) 5%
- B) 10%
- C) 15%
- D) 20%
- Answer: B) 10%
- Which rules will govern retirement funds under the OPS?
- A) Maharashtra Civil Services Retirement Rules 2000
- B) Maharashtra Civil Services Retirement Pension Scheme 1990
- C) Maharashtra Civil Services Retirement Rules 1982
- D) Maharashtra Civil Services Retirement Pension Scheme 1988
- Answer: C) Maharashtra Civil Services Retirement Rules 1982
- Why was the OPS not implemented for teachers and staff in semi-government and aided institutions?
- A) Lack of interest from employees
- B) Sub judice matter
- C) Government funding issues
- D) Legislative delay
- Answer: B) Sub judice matter