After an increase of four per cent in the Employees’ Pension Fund (CPF), the government will incur an additional burden of Rs 576 crore.
The Madhya Pradesh government has given a big gift to the employees through the new pension scheme. Now about 4 lakh employees will get the benefit.
The Government of Madhya Pradesh (Madhya Pradesh News) has given a big gift to the employees through the new pension scheme. Now about 4 lakh employees will get the benefit. His CPF has been increased by 4 percent. Orders in this regard were issued on Friday by the government. According to the new order, from 1 April 2021, only 10 percent of the money will be deducted from the salary of the workers every month, while the government will deposit 14 percent of the money (Govt Deposit 14 Percent Fund).
Tell that till now 10% salary was deducted from the salary of the workers, while the government also used to deposit only 10% of the money in their CPF account. Now the government will deposit more money than before. At the same time, workers will have to pay as much money as before. Now instead of 20 workers, 24 percent money will be deposited in the CPF account of the workers.
Pension fund increased by four percent
At the same time, after increasing the pension fund of employees by four percent, there will be an additional burden of about 576 crores on the government. This scheme of the government will benefit all the teachers and all the employees who are giving their services from 1 January 2005 onwards. Employees will get at least 1200 rupees every month, while officers will get benefit of up to Rs 4800.
Shivraj government will give extra 4 percent money
From July 2019, 4 percent extra money is being deposited by the Center in the pension fund of workers coming under the National Pension Scheme. Now the state government has also taken the same step. Along with this, orders have also been issued by the government to give a job to a member of the family of employees who lost their lives from Corona in the state. Family members will be appointed from March 1 to June 30 for the dead. The benefit of this scheme will be given to the families of all those employees and officers, whose salary is given by the state government.
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