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Time of India

Old pension scheme extended for select school education and sports department cadres

Nagpur: The Maharashtra govt has expanded the scope of the old pension scheme for specific cadres under the School Education & Sports Department, following a GR from February last year. Now, principals and lecturers appointed under the Maharashtra Education Service (MES) Group-A and Group-B (Education Administration Branch) on or after Nov 1, 2005, based on advertisements issued before that date, are eligible for the Maharashtra Civil Services (Pension) Rules, 1982, Maharashtra Civil Services (Commutation of Pension) Rules, 1984, and the Maharashtra General Provident Fund Rules, 1998. However, the decision left some educators dissatisfied. Ashok Gavhankar, general secretary of the Vidarbha Junior College Teachers Association, said, "This GR pertains to professors in the DIET department. However, there are similar teachers in private aided junior colleges, but the govt has not issued orders for them. Our association submitted a memorandum to the govt, but no decision has been made yet." Eligible officers, appointed through Maharashtra Public Service Commission (MPSC) recommendations following advertisements dated Feb 20, 2003, and Apr 8, 2004, were granted a one-time option to opt for the old pension scheme, as outlined in the govt's prescribed procedure. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo To facilitate this transition, new General Provident Fund (GPF) accounts will be opened for these officers. Additionally, their existing National Pension System (NPS) accounts will be closed, with the accumulated contributions and applicable interest transferred to the newly opened GPF accounts. Both serving and retired principals and lecturers must follow the procedural guidelines issued by the Finance Department to avail of these benefits. The principals of District Institutes of Education and Training (DIET) have been designated as drawing and disbursing officers to oversee the implementation.