7th Pay Commission: Alert! Government forced to invoke ESMA against employees; union sends big warning
7th Pay Commission: There is a big hardening of positions by teh governemnt on one side and teh government employees on the other over their divergent views on demands. The Central government has made a number of changes in the National Pension System. It had increased its share of contribution to 14% in December as well. However, all these have failed to calm the protesting employees. Over 20 lakh government employees of Uttar Pradesh went on a strike on Wednesday to demand the restoration of the old pension scheme. The employee union leaders alleged that the government has invoked the Essential Services Maintenance Act (ESMA) banning all protests.
7th Pay Commission: NPS vs OPS
7th Pay Commission: Earlier, these employees had started Jail Bharo movement demanding the removal of the NPS saying that they will suffer losses from it and that the old pension scheme was much better. After that Additional Chief Secretary Mukul Singhal had called the Sanyukt Sangharsh Sanchalan Samiti (S4) team, the engine behind the movement, for talks. During the talks, S4 president SP Tiwari and state convenor Sushil Kumar Pandey put forward the demands of the employees. (IANS)
7th Pay Commission: Amendments in NPS
7th Pay Commission: During the meeting, Additional Chief Secretary Mukul Singhal informed S4 secretary general RK Nigam that the Centre has made some changes in NPS with effect from January 31, 2019. The Additional Chief Secretary gave the copy of the notification issued by the Finance Ministry in this regard to the union leaders and urged them to consider the changes. However, the S4 refused saying that the union is agitating for the restoration of the OPS and will not accept NPS or any amendment in it. (Agencies)
7th Pay Commission: 'Want OPS at any cost'
7th Pay Commission: Protest to get intensified
7th Pay Commission: Big changes in NPS
The finance ministry has made several changes in the NPS including choice of pension funds and investment patterns. Read full details here: 7th Pay Commission: Big changes made in National Pension System. (Agencies)