Congress government in Himachal Pradesh approves restoration of old pension scheme

Current Affairs

  • Himachal Pradesh government, headed by chief minister Sukhvinder Singh Sukhu, on January 13, restored the Old Pension Scheme (OPS) – one of the major poll promises of the Congress party in the run-up to the Assembly elections.
  • The decision will benefit around 1.36 lakh employees of the state who are under the New Pension Scheme.
  • With the restoration of the scheme, Himachal has become the third Congress-ruled state to restore the Old Pension Scheme.
  • The Congress government further gave in-principle approval to its two other major poll promises – a monthly allowance of Rs 1,500 to women aged 18- 60 and generating one lakh job opportunities in a year – and formed Cabinet sub-committees to work out the modalities for their implementation. These committees will submit their reports to the Cabinet in one month.

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