The Supreme Court postponed the matter for some time to experience how the Unified Pension Plan worked and then take a call about the problems in question. File | Photo credit: the Hindu
The Center on Wednesday (February 12, 2025) informed the Supreme Court that it recently notified the Unified Pension Plan (UPS) that it could address the concerns of judicial officials.
A Bank of Judges Br Gavai and Agustín George Masih heard the submission made by the lawyer of the center.
Attorney General R Venkataramani and Attorney General Tushar Mehta appeared for the center and reported the Bank on the UPS. The matter is related to the applicability of the new pension plan for the officials of the Judicial Branch of the District.
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“It is the presentation of the Attorney General and the Attorney General that the Unified Pension Plan can address the concerns of all employees, including judicial officers,” the bank observed.
Therefore, the Court considered appropriate to defer the matter for some time to experience how the unified pension plan worked and then take a call about the problems in question.
The matter would be heard after 12 weeks.
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The case raises concerns about the disbursement of the pension to the officers of the Judicial Power of the District and the judges of the superior courts retired.
The Superior Court is dealing with salaries, arrears and assignments of the officers of the Judicial Power of the District.
The Ministry of Finance notified the UPS on January 25 and promises an insured pension of 50% of the average basic salary that was carried out in the last 12 months before retirement.
The UPS would be applicable to the employees of the central government who were covered by the National Pension System and chose the option under the system, according to a notification of the Gazette issued by the Ministry of Finance.
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The payment of UPS or insured would not be available in case of elimination or dismissal of the employee’s service or resignation, according to the notification published on January 25.
The notification, issued on January 24, says that the total payment rate insured will be 50% of the average monthly basic payment, immediately before retirement subject to a minimum rating service of 25 years compared to a payment linked to the low market The NPS.
The notification offers the option of 23 employees of the Lakh government to choose between UPS and NPS, which entered into force on January 1, 2004.
Published – February 12, 2025 03:14 PM IST
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