Employees Provident Fund benefit, 15% salary hike for these state govt employees

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Updated: Aug 18, 2020 10:47 PM

The Government of Bihar will provide EPF (Employees' Provident Fund) benefits to teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions

bihar government employee salary hike newsBihar government to provide EPF benefit, salary hike to teachers, librarians.

The Government of Bihar will provide EPF (Employees’ Provident Fund) benefits to teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions, the state government said today. This decision will bring an expenditure of Rs 815 Crores annually, ANI reported today.

The Bihar government has also decided to provide an increment of 15 per cent in the basic salary payable on 1st April 2021 to teachers and chief librarians posted in Panchayati Raj institutions and civic bodies institutions.

The decision of the Bihar government is likely to benefit 3.5 lakh contractual teachers appointed by panchayati raj institutions and urban local bodies.

At a state cabinet at a meeting chaired by Chief Minister Nitish Kumar, Bihar govt also decided to extend facilities like transfer and appointment on compassionate grounds to their ward/dependent.

The pay hike will come into effect from April 1, 2021. Bihar Assembly elections are due in October-November this year.

“The government could not implement the pay hike in the current fiscal because of the paucity of resources due to additional expenditure made on tackling COVID and to overcome the economic slowdown,” Education Departments Additional Chief Secretary R K Mahajan was quoted as saying by PTI. It reported that the enhanced salary to the contractual teachers will put an annual burden of Rs 1950 crore to the state exchequer.

When EPF benefits are added, the contractual teachers salary will see a jump of 20 per cent, he added.

The state government would contribute 12 per cent to teachers EPF accounts, while the beneficiaries will also make an equal contribution to it. They will get interest over the deposited money which will be more than the bank interest rate, said Mahajan.

In his Independence day speech, Nitish Kumar had announced that service conditions of teachers appointed by panchayati raj institutions and urban local bodies will be further improved.

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