There is big news for pensioners. If you are also a former state government employee, then this article is for you. A big update revealed related to retired employees who have come under the purview of higher pension in Madhya Pradesh has come out. Work is going on at a slow pace in the state in the matter of higher pension. This is because more than two lakh employees in the state are coming under the purview of a higher pension, but so far applications of only a few thousand employees have been accepted.
Big update on pension
However, demand notes are being issued by the Employees Provident Fund Organization (EPFO). In the light of the Supreme Court’s decision dated November 4, 2022, the proceedings of higher pension are going on across the country under the order issued by EPFO, New Delhi. Employees who have turned 58 years old after September 1, 2014, are eligible for a higher pension.
The application period was 31 May 2023. It has been about one and a half years since this period, but no pensioner in the state has gotten the benefit of it. The pace of disposal of higher pension cases is very slow. Employee organizations say that people have also deposited money for higher pensions in regional offices like Jabalpur, Indore, Bhopal, Sagar, etc. In Madhya Pradesh since August-September, but no employee or pensioner is being given a higher pension.
There is a lot of dissatisfaction among the eligible employees. A delegation will meet the Commissioner of the Central Provident Fund Organization (EPFO) in New Delhi on December 19 regarding this.
8th Pay Commission
Meanwhile Before the year 2025, the discussion of the 8th Pay Commission has intensified. Usually, the central government constitutes the Pay Commission every 10 years. The 7th Pay Commission was formed in February 2014, but its recommendations were implemented from 1 January 2016, which is going to end on 31 December 2025, so speculations are being made that the government can take a decision in Budget 2025 and then the new Pay Commission can be implemented from January 2026. However, official confirmation is yet to be made.
If the 8th Pay Commission is implemented, then the minimum salary of employees can reach 34 thousand and pensions can reach 17 thousand. Not only this, there is also expected to be a significant change in the pension received under the UPS (Unified Pension Scheme). It is reported that a new fitment factor can also be implemented to increase the salary and pension of employees under the 8th Pay Commission; on this basis, the pension received under UPS can also increase.
