AIDEF refuses to accept UPS
   Date :26-Aug-2024

AIDEF refuses to accept UPS
 
Staff Reporter :
 
AIDEF declares to continue struggle till achieving Non-Contributory Pension Scheme 
 
ALL India Defence Employees Federation (AIDEF) has refused to accept the Unified Pension Scheme (UPS) as second Contributory Pension Scheme and declared to continue struggle till achieving Non-Contributory Pension Scheme. AIDEF’s leaders added that their decision to boycott the NPS improvement Committee and the meeting convened by the Prime Minister is proved to be correct and justified. AIDEF, as a fighting Organisation will continue its battle for restoration of OPS (Old Pension Scheme) with all its strength and might. Let us continue to educate the employees and mobilise them to continue our struggle to achieve the Non-Contributory Pension Scheme under CCS Pension Rule 1972 (Now 2021). AIDEF, will take efforts to bring likeminded Government Employees Organisations together to launch Nation Wide Agitation for restoration of Old Pension Scheme.
 
According, to the Government decision the NPS also will continue to remain and that UPS will be implemented from 01.04.2025 as a Contributory Pension Scheme. From the press release issued by the Government one thing is clear that the Government will continue to snatch away 10% of the wages of the employees, whether they are in NPS or in UPS. Now, as per Government decision the employees have to give option whether to remain in NPS or to switch over to UPS. There are many things which are either hidden or not clear. No GPF will be there in UPS. Whether the 60% + 40% accumulated wealth /fund of the employee will be returned to the employee or not? or it is replaced by 1/10 of the monthly wages (Pay + DA) for every completed 6 months as a Lump sum payment on the date of Superannuation. While minimum Pension is Rs 10,000 the family pension will be only Rs 6,000 as it is 60% of the pension. In the Old Pension Scheme the amount of pension will be 50% of the average emoluments of 50% of emoluments drawn on the date of retirement whichever is more beneficial, where as in the UPS it is 50% of the average Basic Pay drawn over the last 12 months prior to retirement. Many such issues against the employees will crop up after the notification is issued by the Government.