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State Cabinet approves implementation of Unified Pension Scheme in Goa; to put additional burden of Rs 10 crore per month on state treasury

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Sept 30 – Goa cabinet today granted approval to the implementation of Unified Pension Scheme for Govt employees in the state. The scheme was introduced by the Center in the last week of August. Implementation of the scheme to in the State will put additional burden of over Rs 10 crore per month on the state treasury, said CM Pramod Sawant. Some of the salient features of the scheme are – (1) Assured pension: 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years. This pay is to be proportionate for lesser service period upto a minimum of 10 years of service. (2) Assured family pension: @60% of pension of the employee immediately before her/his demise.(3) Assured minimum pension: @10,000 per month on superannuation after minimum 10 years of service
Cabinet also approved Seven posts of Veterinary Officers on contract basis in Directorate of Animal Husbandry and Veterinary Service