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ABRSM Hails Unified Pension Scheme as a Step Towards Financial Security for Government Teachers
Delhi, August 25: The Akhil Bhartiya Rashtriya Shaikshik Mahasangh (ABRSM), a premier teachers’ organization in Bharat, has welcomed the Union government’s approval of the Unified Pension Scheme for government employees. In a press note issued here, Professor J.P. Singhal, National President of ABRSM, emphasized that this landmark decision will ensure a dignified and secure future for lakhs of government teachers after their dedicated service.
Professor Singhal highlighted that the Unified Pension Scheme addresses the uncertainties faced by teachers and other employees under the National Pension Scheme (NPS). The scheme guarantees a pension to employees who have completed a minimum of 25 years of service, ensuring they receive 50% of their average basic salary from the last 12 months before retirement. For those with service tenure between 10 and 25 years, a proportionate pension will be provided.
In addition to this, the scheme ensures financial security for families. If an employee passes away during service, their family will receive 60% of their pension as a family pension. Moreover, the government will contribute 18.5% of the employees’ basic salary towards their pension.
Shri Shivanand Sindhankera, National General Secretary of ABRSM, stated that the scheme provides an assured minimum pension of ₹10,000 per month for retirees with at least 10 years of service. Furthermore, the assured pension, family pension, and minimum pension will be adjusted according to inflation, ensuring protection for pensioners against the rising cost of living.
Shri Sindhankera praised this scheme as a significant move towards securing the economic well-being and dignity of government employees. ABRSM extended its gratitude to Prime Minister Narendra Modi and his administration for this crucial decision.
Professor Singhal added that the ABRSM has long advocated for removing the uncertainties of the NPS and restoring the guaranteed pension model for teachers. The organization has consistently pushed for this through memorandums, meetings, and demonstrations. The introduction of the Unified Pension Scheme is a positive step towards providing financial security for employees and their families. However, Professor Singhal also pointed out that teachers from various parts of the country have raised concerns, as the detailed notification for the scheme is yet to be issued. ABRSM intends to study the notification thoroughly once it is released and will present its position to the government to safeguard the interests of teachers.
Darshan Bharti
Media Prokosht Pramukh
ABRSM
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