The Cabinet also agreed to give the benefit of the Death-Cum-Retirement Gratuity to all the employees of the state government recruited on or after January 1, 2004 and covered under the New Pension Scheme. File photo
Rajmeet Singh
Tribune News Service
Chandigarh, December 2
Accepting the demand by various state government employees’ unions, the Punjab cabinet on Monday decided to increase its share in the New Pension Scheme, in line with the decision of the Centre, with effect from April 1, 2019.
The Cabinet also agreed to give the benefit of the Death-Cum-Retirement Gratuity to all the employees of the state government recruited on or after January 1, 2004 and covered under the New Pension Scheme.
The Cabinet also gave in-principle approval to amend the Punjab Village Common Land (Regulation) Rules, 1964, to create land banks in rural areas to boost industrial development in the city.
Most Read
Don't Miss
Top Stories
Top US lawmaker slams 'Chinese aggression' against India, urges Beijing to 'respect norms'
India-China border dispute covers 3,488-km-long Line of Actu...
Militant killed in encounter in J-K's Pulwama
The gunfight between security forces and militants still on
George Floyd death: Trump threatens to use military to quell violent protests across US
Tension in at least 140 cities across America
Paddy MSP hiked by Rs 53/quintal
Farmers call it miniscule | Loan repayment at 4% per annum
