The Odisha government on Monday announced an increase in the government’s contribution for its employees towards the National Pension System (NPS).
As per the decision, the State government’s contribution towards the NPS has been increased to 14 percent from the existing 10 per cent. Chief Secretary Suresh Mohapatra said the hike will be effective retrospectively from 01.04.2019.
“This Cabinet decision will ensure parity between the Central Government and State government employees. Odisha government will contribute Rs 280 crore more towards the NPS every year. Additionally, the State government will deposit an arrear of Rs 772 crore to benefit around 2.08 lakh government employees,” said Mohapatra.
Apart from this, the Cabinet has also approved to provide family pension if an employee dies during service period.
These benefits will be applicable and extended to eligible employees of Aided Educational Institutions, Group-B contractual employees, Group ‘C’ and ‘D’ contractual employees as well.
The State Cabinet also cleared the proposal to restructure the Odisha Civil Supplies Market Intelligence Service Cadre. A new cadre, Odisha Civil Supplies Market Intelligence Service (Recruitment and Condition of Service) Rules 2021 has been formed, he said.
Similarly, the Odisha Cabinet also approved the proposal to amend the Contractual Appointment Rules, 2013. As per the amended rules, the contractual government employees will henceforth be called ‘Initial appointees’ and the employees in Group B, C and D category of posts will be benefitted by the move.