Manipur Govt naps over new pension scheme

By Our Staff Reporter

IMPHAL, Jul 7 : As the Define Contribution Pension Scheme which was introduced after abolition of the Family Pension Scheme of the employees by the Government of India in December 2004 could not be implemented in time in Manipur, 10 percent of the salary to be deducted from the employees under the said scheme has not been done so till date.

The Government of India had abolished the Family Pension Scheme as it had incurred heavy expenditure in giving the pension benefit after retirement of the employees. As a reason, employees who were appointed after January 1, 2005 have no access to the benefit of the Family Pension Scheme any more.

In place of that, the Government of India introduced the Define Contribution Pension Scheme for the employees who were given appointment after January 1, 2005. Under this scheme, 10 percent of the pay scale and DA have to be deducted from the employees while the Government has to contribute another 10 percent and the amount has to be deposited in the bank account.

In case of employees under the Government of Manipur, the deduction of the 10 percent from the salary was due to start from March 2006. However, as the scheme was not implemented in time, the amount has not been deducted from the monthly salary of the employees working under various Departments.

Under Secretary (Finance/PIC) of the Government of Manipur has started discussing the matter by convening a joint meeting of all the higher officials of the Department.

In the meeting which was held for the first time today, the matter related to Power Department, Family Welfare Department, Agriculture Department, Veterinary & Animal Husbandry Services, Education (S) and Police Department were taken up for discussion.

During the meeting, heads of the departments have been directed to submit the list of the employees and their pay scale to the PIC. Instead of deducting the due amount of the last 28 months together, the meeting also discussed the possibility of deducting the due amount in
instalment.

The Sangai Express