Old Pension Scheme Karnataka 2024: Eligibility, Apply, Process

In 2024, the Karnataka state government introduced the Old Pension Scheme, providing an option for government employees dissatisfied with the new pension system. To avail the benefits, interested applicants must complete the application form before the specified deadline. Eligibility extends to government employees notified before April 1, 2006 but appointed on a later date, and a total of 13,000 such employees will benefit from the scheme. People unhappy with the current pension system can now apply for the old pension scheme.

Objective of Old Pension Scheme Karnataka

Karnataka Chief Minister launched the old pension scheme to address the concerns of government employees who have expressed dissatisfaction with the new pension system. This step was taken due to protests by government employees across Karnataka. The old pension scheme is now available for those disgruntled employees, and interested parties can submit their applications on the official website. Under this scheme, beneficiaries get half of their last drawn salary as monthly pension.

Karnataka Bhagyalakshmi Scheme

Key Highlights of Old Pension Scheme Karnataka

Name of the SchemeOld Pension Scheme Karnataka
Launched byKarnataka state government
ObjectiveProvide pension
BeneficiariesGovernment employees

Eligibility criteria

  • Applicant must be a Government servant notified before 1 April 2006.
  • The applicant must be a permanent resident of Karnataka.
  • The age of the applicant should be more than 60 years.

Benefits of Old Pension Scheme

  • Selected applicants will receive monthly pension directly from the state government.
  • The pension amount will be transferred directly to the bank account of the beneficiary.
  • Under this scheme, beneficiaries will get half of their last drawn salary as pension.
  • No pension cut is required under the old pension scheme.

Karnataka Daiva Narthaka Allowance Scheme

Required Documents

  • Residence proof
  • Domicile Certificate
  • income certificate
  • Passport
  • ration magazine
  • driving license
  • election card
  • bank passbook

Implementation process

  • Old Pension Karnataka 2024 is scheduled to be implemented at the end of August after all the applicants submit their forms.
  • Government employees will have to fill the application form initially.
  • The officials will review the application, and upon approval, the applicant can start receiving the benefits of the scheme.

Airavata Yojana

How to get Old Pension Karnataka Benefits

  • Applicants must be government employees notified before April 1, 2006, to qualify for the benefit.

Application Process

  • To apply for Old Pension Karnataka 2024 visit the official website.
  • Click on “Apply” option on the homepage.
  • Fill all the required information, attach the required documents and click on “Submit” to complete the process.

frequently Asked question

How many applicants will be selected under Old Pension Karnataka 2024?

13,000 applications will be selected.

How much pension will the selected candidates get under Old Pension Karnataka 2024?

Selected applicants will get half of their last drawn salary.

Will Old Pension Karnataka provide monthly pension 2024?

Yes, this scheme will provide monthly pension.

When was the old pension scheme closed?

The old pension scheme was discontinued in December 2003.

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