Wednesday, July 25, 2018

Tripura BJP Govt introduces New Pension Scheme

Neoliberal Onslaught: Tripura Introduces New Pension Scheme
THE announcement was made in the budget itself. Now, the New Pension Scheme (NPS) is a reality for the employees of Tripura. The BJP, in its vision document for the assembly elections, had promised to implement the recommendations of the 7th Pay Commission for the government employees. Though this has not seen the light of the day till now, the negative and anti-employee prescriptions which are part and parcel of the Central Pay Commission are now being implemented in Tripura. The government has notified the introduction of NPS for those joining government services from July 1, 2018. Thus, the government is abolishing the universal pension system which was in force in the state as per the Central Civil Services (Pension) Rules 1972. Henceforth, the prospective employee shall have to contribute 10 percent of his basic salary to be deducted and deposited in the new defined contributory pension scheme. However the government will not contribute to this fund in case of government aided institutions. The NPS is in force in central government services and in most of the states since 2004. The erstwhile Left Front government of Tripura was one of the few states which had, for last 14 years, not implemented this anti-employee provision. But now within merely four months in office, the BJP coalition government has formally launched this scheme doing away with the universal pension and GPF scheme. This, among other things, clearly shows the commitment of this government to the ideas of neoliberal economy of use and throw, washing off its hands from the role and responsibilities of a model employer and a welfare state.
Source: People's Democracy:Jul 16-22, 2018
Note: The erstwhile Left Front Govt of Tripura had for the last 14 years not implemented this anti-employee provision)

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