It is learnt from some reliable sources that, Pension scheme for GDS is approved. The Department will contribute Rs.200/- every month for annuity fund. This will be invested in debt fund up to 90%. After 65 years the GDS has the option to withdraw 60% and he will be getting monthly pension through annuity fund.
No information about minimum and maximum subscription to be paid / recovered from Salary of GDS. The long pending demand of our GDS staff is finally met. We hope that the advent of NPS must have given a boost for approving the pension scheme for GDS staff.
Anyway something is better than nothing.
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