GOVERNMENT IS RESPONSIBLE TO PROTECT DIFFERENCE OF OPINION BETWEEN THE OLD PENSION SCHEME AND THE NEW PENSION SCHEME, REQUIRED TO SECURE INTERESTS OF EMPLOYEES &GOVERNMENT.

All political parties are assuring benefits of Old pension scheme to the government employees of their state however the ruling party is silent on the captioned subject matter deliberation required to be decided by the Government of India department of personnel and the Finance. The issue of old pension scheme has been closed since 2004 onwards however the new pension scheme is also issued by the government to employees on the basis of analysis on the tenure and the amount of annuity a contribution by an employee prefixed for the entire service period. As such the Centre Government has ruled out any return to the old pension scheme despite demand and reversal in some of the states, with several ruled by the opposition parties taking this decision at their own however under old pension scheme there is no employees contribution for which the government is mandating New pension scheme for the employees onwards 2004 . At the same time it is too necessary to make satisfactory pension under the new pension scheme for which the ruling party is responsible to bring some formula based on the reasonable calculation of New pension scheme for which there should be no huge difference between the Old pension scheme and the new pension scheme announced by some of the state governments in favor of their employees, otherwise it may result bad concern among the government employees over not getting the reasonable bonanza of the New pension scheme however the good retirement benefits could only be obtained after full length of the service tenure by an individual for which the government is planning merger of the entire service career under amount of the annuity contribution by option of the employee since creating funds for the pensionary benefits and based on the New pension scheme applicable with effect from January 2004 .