Kerala to withdraw contributory pension scheme

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Thiruvananthapuram, Jan 2 (UNI) The Kerala government has decided to withdraw the contributory pension scheme for newly appointed government employees, Chief Minister V S Achuthanandan said today.

Talking to reporters here, he said the Cabinet decided to withraw the order issued by the previous Congress-led United Democratic Front (UDF) government in 2002, introducing a contributory pension scheme to the newly appointed government employees.

The Cabinet also decided to increase the government share in the NORKA-Roots to 51.3 per cent from the existing 26 per cent, making it a government-owned institution, he said.

The Chief Minister said a seven-member sub-committee with Education Minister M A Baby as its convener would be appointed to discuss the issues of fee structure with self-financing professional college managements.

Health Minister P K Sreemathy, Devaswom Minister G Sudhakaran, Transport Minister Mathew T Thomass, Water Resources Minister N K Premachandarn, Forest Minister Binoy Viswam and Public Works Minister Mons Joseph would be the other members of the committee, he added.

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