Craze for government job will be back after unified pension scheme.
Governor of India just introduced Unified Pension Scheme for government employees. At times when it will become very difficult for corporate employees to survive after age of 40-45 in post AI world, this assured pension which was stopped after 2004 has been reintroduced. This will bring back the charm of government job which existed in 1970s-80s . In 70s and 80s, private jobs were synonymous with lack of job security. Globalization brought heavy salaries in corporate world and helped in reducing charm of govt job. Now, in 3-4 years, AI is going to cause huge change in corporate world thereby causing huge uncertainty. What do you people think?
Sooner or later this nation will collapse for its policies... Just pray for your future generation... Leave this country asap
True that. No point working in the private sector and paying heavy taxes just for the government employees to enjoy the pension fund.
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This is pure disaster from BJP . I am literally my father recieving few rupees in pension being a private employee. My uncle's recieving 1 lakh per month and enjoying life with no work.
If this was done before,I would never joined private sector, would have continued government job preparation .
Why didn't you asked your father to save from beginning? Private employee never get pension. Don't do the same.mistake and invest in pension scheme
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@SpotlessReservation doesn't matter how much you invest . A majority of private employees will never beat government employees in old pension scheme.
Else why did government employees were demanding Old pension scheme? instead of remaining in investment pension scheme like the private employees, they are clever enough.
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I'm all fine with Unified Pension Scheme but only problem is why there is no such scheme for private sector employees?
Recession and layoffs are frequent, you may be paying lakhs in income tax today but can be jobless next day. Neither your company nor Govt will take care of you.
There may be loans, EMI and all, you can't send your kids to Govt schools or use Govt hospitals because of their poor conditions. Basically Govt will take 1/3rd salary in your good days, but let you live on road in bad days.
MixedFowl
Student
25 days ago
Invest in NPS
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Is it true that MLAs and MPs have more than one pension plan, which reflects the number of times they've been elected for that position?
Like if a politician has been an MP for the past 4 terms, they have 5 Pension A/cs in their names all compounding?
What's the point of all this, if its true ?
How will they pay for pensions? By cutting throats of middle-classes like us. Seriously bro there is no future here. Need to leave this country ASAP. I am currently paying more than 42k per month in taxes which is more than what I was earning when I first started working after university. Paying high tax wouldn't bother us if we were getting a good return for those taxes. Instead of health care and social security you will get abuse from police and politicians.
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GiantCursor
Stealth
25 days ago
If I work here my tax money is always be thrown away in gutter by this government or successive governments because of vote bank to stay in power.
Emigrate and pay tax to get better services at least and come back here after retirement to benefit from currency depreciation.
GiantCursor
Stealth
25 days ago
Wise are those who leave the country. There is no future of this country. It's going to drown or break very soon.
This government has run out of ideas now
This is where our hard earned money will go now, corporate employee should leave this country ASAP, government does not have anything here for us, they can just extract heavy tax from our salary, my one of friends who works in central government he literally tells me that he doesn’t need to work at all even his senior work 1-2 hours in a week my friend says he just roams around the office premises and leaves office early at 5 pm I wonder we toil and moil day night and pay taxes which is given to such employees who do not even work
Meanwhile while u are jobless u cant even claim hra ..private job people
I believe this scheme is good. Many people are now shifting to IT jobs, leading to more candidates than available positions. Government jobs have lost their appeal because people see IT and software development as easier ways to earn good money. The UPS will likely bring back the appeal of government jobs and leave space for those who genuinely want a career in IT, not just for the money.
Everybody talks about development in India. Yet govt distributing tax money as freebies.
This is one of the reason why India would never progress.
I think you are in some other world, government jobs craze never went away, this can be seen by number of applicants in govt job openings.
There is no point in doing private jobs ,start preparing for government job as salary is till 60 and pension is till death.
If cross age limit ,then leave the country as this country has become shit for private employees
How about make a law to also make the sarkari babu accountable.. if found guilty of courruption say pension will be blocked.. without such heavy dictrator . Will corruption ever stop in rto...pwd ..etc
This is already there... I know a person who was removed from job due to corruption....
Once you are found guilty of corruption, you won't be given pension, gratuity etc.
We will be going to suffer more in form of taxes to uplift the scheme
