
Madhya Pradesh Government employees pension news
The news is coming from the Finance Ministry of Madhya Pradesh Government that preparations are underway to make some important changes in the new pension scheme for government employees. As bhopalsamachar.com had said in the beginning that the name of the scheme will not change but the features will be changed. That’s exactly what’s going to happen.
Formula AP will be applicable in NPS of employees in Madhya Pradesh
Formula AP means the formula of the Andhra Pradesh State Government. Employees whose salary will be deducted by 10% will be given regular pension of 33% of their salary on the day of retirement and the remaining amount will be invested as per NPS. Whose benefit will be given to the retired employee. Similarly, the employee whose salary will be deducted by 14% will be given a pension of 40% of his last salary after retirement.
What will be the reaction of Madhya Pradesh government employees
This news has been leaked to know the answer to this question. After the broadcast of this news, if the employees and their leaders express their displeasure and stick to their demand, then the story will end here, otherwise, the formula being observed from Andhra Pradesh will be implemented.
For similar information and news please click here Follow us on Google News by and click here Do subscribe our telegram channel. Because something special also happens on the Telegram channel of Bhopal News. Click here to join the WhatsApp group.
Tags: Preparation modification pension scheme employees Madhya Pradesh formula applicable