Pension scheme launched for contractual teachers in Bihar
Quotes

Pension scheme launched for contractual teachers in Bihar

Last Updated: Wednesday, September 5, 2012, 16:34
 
 Comment 1
 
Pension scheme launched for contractual teachers in Bihar
Patna: The state government on Wednesday launched a pension scheme for over 2.5 lakh contractual teachers in Bihar with prospective effect from January, 2013.

Under the pension scheme to be managed by the asset management company - Unit Trust of India (UTI), the contractual teachers will have to contribute Rs 200 per month with the state government chipping in with equal contribution in pension account of the beneficiary.

An agreement was signed in this regard between the UTI Chief Executive Officer (CEO) Imtiyazul Rahman and the Director (Primary Education) Ashutosh in the Chief Minister Nitish Kumar's presence at a function on the Teachers' Day.

The contractual teachers will be eligible to receive pension only upon superannuation from service.

PTI




First Published: Wednesday, September 5, 2012, 16:34


Comments


comments powered by Disqus
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved