UP Teacher Pension Scheme 2016 GPF Provident Fund News

UP Teacher Pension Scheme 2016

UP Teacher Pension Scheme 2016 for retired insurance GPF Provident Fund account News marriage son/daughter sickness house maintenance premium UP Teacher Pension Annual Scheme 2016 now put together those who want latest news on UP Primary Teacher Pension Scheme 2016 or TGT PGT Principal LT Grade male female

UP Teacher Pension related GPF Provident fund visit pensiondirectorate.up.nic.in UP Teachers state insurance scheme 2016 Premium news against the state insurance is deducted from the UP Teacher salary and on accidental death of the Primary teacher, total policy amount is payable to the family of the teacher. Grade wise/salary wise policy and premium amount is fixed

UP Teacher pension Scheme 1: It is applicable to calculate pension benefits of GPF Provident Fund News those who joined service prior to 1st January 2005. In such cases full pension is paid to the retired teachers. Teachers are entitled for pension on completion of 20 years of service and only the government makes contribution towards pension.

UP Teacher pension Scheme 2: It is applicable to those who joined the service on or after 1st January 2005. With effect from 1st January 2005, Uttar Pradesh government revised the rules for the payment of pension to all state employees, which is also applicable to teachers (fresh appointment). Under this scheme, equal contribution i.e. 10 percent of basic salary is made by both the employee and employers and the sum accrued is Working Conditions of Teachers in Uttar Pradesh

UP Teacher Pension Managed by fund managers who are appointed by Government (NSDL in the state of UP). The money accumulated till the time of UP Teacher retirement scheme is used in two ways: 60 percent of that money is given to the employee at the time of retirement while rest 40 percents used as pension to the employees. This scheme is yet to be implemented in aided secondary and basic schools.

UP Teacher Pension for National Teacher Welfare Fund as mentioned earlier, except for government teachers pension scheme working at Government High school/college, other categories of teachers do not get medical reimbursement for their healthcare. Teachers of aided schools and Basic Shiksha Parishad get a token help in the case of extreme health problem from Adhyapak Kalyan Kosh (Teacher Welfare Fund). This pradhan mantri rahat Kosh is formed with the help of central and state government to help teachers in need. The Kosh gets fund from teachers and donors who contribute by purchasing Shikshak Divas (Teachers Day) flags and an equal share from state and central governments.

3500. widow, old age

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