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If we come to power in Karnataka, Old Pension Scheme will be implemented: AAP

Aam Aadmi Party on Tuesday announced that if the party comes to power in Karnataka, it will re-introduce the Old Pension Scheme (OPS), for which the state government NPS employees conducted an indefinite strike.

Published on: Dec 21, 2022, 11:17:26 IST
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Aam Aadmi Party on Tuesday announced that if the party comes to power in Karnataka, it will re-introduce the Old Pension Scheme (OPS), for which the state government NPS employees conducted an indefinite strike.

Former Bengaluru police commissioner Bhaskar Rao, who is currently AAP's vice president, with party leader Arvind Kejriwal, AAP Karnataka Convenor Prithvi Reddy and others.
Former Bengaluru police commissioner Bhaskar Rao, who is currently AAP's vice president, with party leader Arvind Kejriwal, AAP Karnataka Convenor Prithvi Reddy and others.

AAP vice-president Bhaskar Rao, who accompanied party leaders to Freedom Park to extend his support to the protestors demanding OPS, announced that if AAP comes to power in the state, NPS will be scrapped soon after the party comes to power in the state.

Speaking at the protest, Bhaskar Rao said, "During the Punjab elections, the Aam Aadmi Party had promised to implement OPS if it comes to power. Accordingly, the cabinet there approved the implementation of OPS in November and the government issued a gazette notification. In Gujarat too, the AAP had given a guarantee on the implementing OPS but the party did not come to power there. If we come to power in Karnataka, we are committed to implementing OPS. We will clearly mention this in the election manifesto and the guarantee card that will be issued to the people. AAP is always committed to protecting the interest of government employees." he said.

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AAP leader Brijesh Kalappa alleged that the needs of the common man do not matter to the Centre and the present state government and for them "only capitalist businessmen are important".

"For BJP governments at the centre and in the state, only capitalist businessmen are important. The needs of the common man, including employees, labourers, farmers, small businessmen, do not matter to the BJP government. People from different walks of life have been protesting for so long and now government employees have come out on the streets. If BJP leaders have even the slightest of concern for government employees, let them abolish NPS and implement OPS at the earliest" he said.

AAP's labour wing state president Ravi Shankar claimed that abolishing NPS and implementing the OPS will "not put much financial burden" on the government.

"The employees who joined the government service after 2006 are feeling insecure because of NPS. They are worried about life after retirement. Abolishing NPS and implementing OPS will not put much financial burden on the government. The NPS trust's contribution is more than 16,000 crore and if OPS is implemented, the contribution will be avoided. When the NPS is scrapped, the money that is received along with interest can be used for development works of the government," he said.

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Karnataka is slated to go to Assembly polls next year.

The Punjab cabinet has approved the restoration of Old Pension Scheme.Faced with several demands from government employees, the Punjab government took the decision to restore the Old Pension Scheme.

Earlier, Rajasthan, Chhattisgarh and Jharkhand too went back to the Old Pension Scheme and quashed the new pension scheme.Under the old pension scheme, a government employee is entitled to a monthly pension after retirement. The monthly pension is typically half of the last drawn salary of the person.Under the new pension scheme, employees contribute a portion of their salaries to the pension fund. Based on that, they are entitled to a one-time lump sum amount on superannuation. For the record, the old pension scheme was discontinued in December 2003, and the new pension scheme came into effect on April 1, 2004.

  • Yamini C S
    ABOUT THE AUTHOR
    Yamini C S

    Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.Read More