Friday, May 27, 2022

ਵਾਹਿਗੁਰੂ

spot_img





Harpal Singh Cheema orders to release Rs. 62.68 crore for PSCADB pensioners

Chandigarh, April 29, 2022 (Yes Punjab News)
Punjab Finance and Co-operation Minister Mr. Harpal Singh Cheema, on Friday, has ordered to release Rs. 62.68 crore for pensioners and widows of the Punjab State Cooperative Agriculture Development Bank so that pension and arrears could be released to pensioners.

Finance and Cooperation Minister Mr. Cheema has taken this decision regarding the retired employees of the bank on priority basis to protect the social and financial interests of hundreds of pensioners and their widows which would provide pensions and arrears to about 1130 pensioners and their families, informed the senior officials of Punjab State Cooperative Agricultural Development Bank, adding that this decision will also provide financially help to the bank.

Finance Minister directed the officers to immediately credited amount in beneficiary pensioners and their widows’ accounts.

Notably, the bank had started pension scheme for it’s retired employees in 1989, which was discontinued in 2013. The retired employees filed petition in the Punjab and Haryana High Court against the decision and the Court ordered to pay pensions to the beneficiaries in 2019, which was again challenged by the department through SLP in the Hon’ble Supreme Court of India.

Upholding the decision, the Supreme Court also ordered on January 11, 2022 that the pension should be restored and the arrears to the pensioners should be released in 12 equal monthly installments from January 2022.

Pertinently, despite the judgement of Supreme Court pronounced on 11-01-2022 the previous government has not decided to release financial assistance to resolve this issue. Considering the interests of pensioners and widows, Mr. Harpal Singh Cheema has resolved the issue on priority.

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,323FansLike
114,299FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Making a career based on a hobby is a wise step – by Narvijay Yadav

In my first few years in journalism, my mind was so engrossed in the work that it seemed like fun to me. I was...

Trade focussed Quad – by Asad Mirza

The first in-person meeting of the leaders of the US, Australia, Japan and India, termed Quad, will be held in Tokyo on Tuesday. This...

How much and how often should courts adjudicate matters of religous fervour? – by Adeel Ahmed

New Delhi, May 22, 2022- In the old city of Jerusalem, there lies a 187-foot long ‘Western Wall, built by Herod on the western...

SPORTS

Health & Fitness

Preterm birth: Warning signs that indicate complications during pregnancy

New Delhi, May 23, 2022 - Preterm birth, defined as a baby born before 37 weeks of pregnancy, is a leading cause of infant death and can result in long-term disabilities for those who survive. Each year, approximately 1 million children die as a result of preterm birth complications. According to the World Health Organization, many survivors will live...

Gadgets & Tech