Restore old pension scheme before we launch agitation, employees warn state govt.
2 years, 1 month ago

Restore old pension scheme before we launch agitation, employees warn state govt.

Deccan Chronicle  

HYDERABAD: State government employees covered under Contributory Pension Scheme are set to embark on agitation programmes if there is no positive response from the state government to their demand of scrapping CPS and bringing back the Old Pension Scheme. Out of a total 3.50 lakh government employees and teachers in Telangana, about 1.70 lakh appointed after 2004 are covered under CPS. CPS employees working in various departments joined hands to form Telangana State CPS Employees Union to bring pressure on the state government to revert to OPS. We are confident that the TRS government in Telangana headed by Chief Minister K. Chandrashekar Rao will also scrap CPS and revert to OPS soon," said G. Sthitaprajna, president of TSCPSEU.

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History of this topic

Reforms to strengthen Unified Pension Scheme
3 months, 2 weeks ago

Reforms to strengthen Unified Pension Scheme

New Indian Express  

On August 24, the Union cabinet approved the Unified Pension Scheme, a significant step towards providing government employees a secure and assured pension after retirement. Over the last few years, the opposition has highlighted the dissatisfaction of government employees with the National Pension Scheme, commonly known as the New Pension Scheme. First, assured pension of 50 percent of the employee's …

Central government employees forum says it will fight for Old Pension Scheme
3 months, 3 weeks ago

Central government employees forum says it will fight for Old Pension Scheme

The Hindu  

The Central Secretariat Service Forum, a body representing Central government employees, said on Thursday that it will fight for the Old Pension Scheme till its last breath. The Forum said, “OPS is not a privilege, it’s our right.” The statement comes in the wake of the August 24 decision of the NDA government to implement a Unified Pension Scheme, that …

Ecostani | Unified Pension Scheme, a moral victory for the Opposition
3 months, 3 weeks ago

Ecostani | Unified Pension Scheme, a moral victory for the Opposition

Hindustan Times  

The Unified Pension Scheme approved by the Union government on Saturday — a mix of contribution and assured pension, to replace the New Pension Scheme, a wholly contributory mechanism — will provide some social security to government employees after retirement. The scheme, which is virtually akin to the Old Pension Scheme that NPS replaced in 2004, assures government employees 50% …

Unified pension scheme: T.N. government begins studying possible implications over UPS
3 months, 4 weeks ago

Unified pension scheme: T.N. government begins studying possible implications over UPS

The Hindu  

Even as the Tamil Nadu government is awaiting full details of the Unified Pension Scheme, it has begun the preliminary task of studying possible implications in the event of the adoption of such a scheme in the State. As and when the government decides to implement the State-specific pension scheme, the political leadership would prefer to wait for an “opportune …

State government replaces NPS with sweeter revised pension scheme
3 months, 4 weeks ago

State government replaces NPS with sweeter revised pension scheme

Hindustan Times  

MUMBAI: Within 24 hours of the union government’s approval of the Unified Pension Scheme to replace the New Pension Scheme for its employees, the Mahayuti government approved the UPS for around 8.3 lakh employees in a cabinet meeting on Sunday. HT Image Around 1.4 million government and semi-government employees, including Class 1 officers, Class 4 employees and teachers, had threatened …

Teachers’ Federation Rejects Unified Pension System
3 months, 4 weeks ago

Teachers’ Federation Rejects Unified Pension System

Deccan Chronicle  

Hyderabad: The School Teachers Federation of India on Sunday dismissed the Centre’s newly introduced'Unified Pension System as being nothing more than a deceptive rebranding of the existing Contributory Pension Scheme. Although the new scheme guarantees 50 per cent of the salary as pension for employees who have completed 25 years of service and offers 60 per cent family pension for …

Unified Pension Scheme is a U-turn That Will Have Severe Fiscal Implications
3 months, 4 weeks ago

Unified Pension Scheme is a U-turn That Will Have Severe Fiscal Implications

The Quint  

It is important to note that the NPS was introduced by the Vajpayee government because of a "fundamental issue" associated with the OPS, that is, it was unfunded and will ultimately balloon the nation’s fiscal deficit to unsustainable levels. In 1990-91, the Centre’s pension bill was Rs 3,272 crore, and the outgo for all states put together was Rs 3,131 …

Unified Pension Scheme: Who is eligible? What's the minimum amount? Explained
3 months, 4 weeks ago

Unified Pension Scheme: Who is eligible? What's the minimum amount? Explained

Hindustan Times  

The union cabinet on Saturday approved a Unified Pension Scheme, which will benefit approximately 23 lakh government employees and will serve as an alternative to the National Pension System. Union minister Ashwini Vaishnaw briefed the media on the central government's new Unified Pension Scheme. Prime minister Narendra Modi, who chaired the meeting, posted on X saying, “The Unified Pension Scheme …

New pension scheme to benefit central govt staff
3 months, 4 weeks ago

New pension scheme to benefit central govt staff

Hindustan Times  

The Union cabinet led by Prime Minister Narendra Modi on Saturday approved a new pension policy for nearly 2.3 million central government employees, unveiling a framework that will give assured 50% of basic pay as monthly payout, assuaging federal staff unions that had sought guaranteed retirement benefits. Modi had set up a panel led by cabinet secretary-designate TV Somanathan, the …

Telangana Government Workers Reject Centre’s Pension Plan
3 months, 4 weeks ago

Telangana Government Workers Reject Centre’s Pension Plan

Deccan Chronicle  

Hyderabad: In a strong show of resistance, state government employees covered under the New Pension Scheme have expressed their firm opposition to the Unified Pension Scheme approved by the Union Cabinet on Saturday. The National Movement for Old Pension Scheme secretary-general, G. Sthitaprajna, voiced the employees' dissatisfaction with the new Unified Pension Scheme announced by the Centre. "If a government …

Government restores NTR’s name to enhanced pension scheme in Andhra Pradesh
6 months, 1 week ago

Government restores NTR’s name to enhanced pension scheme in Andhra Pradesh

The Hindu  

While enhancing the social security pension for various categories of beneficiaries in Andhra Pradesh, Chief Minister N. Chandrababu Naidu restored the name of the scheme after TDP founder N.T. 43 issued by Chief Secretary Neerabh Kumar Prasad through the Panchayat Raj and Rural Development Department on June 13, the government named its as ‘NTR Bharosa Pension Scheme’. As promised by …

PU to seek Centre’s nod for allowing retirees to opt for OPS
6 months, 1 week ago

PU to seek Centre’s nod for allowing retirees to opt for OPS

Hindustan Times  

After Panjab University’s Board of Finance meeting on Wednesday, the varsity will now write to the Union ministry of education to take permission to grant PU employees who had joined before 2004 another chance to opt for the Old Pension Scheme. Punjab had further given its employees aged below 35 until 2006 to opt for OPS, and a proposal to …

Congress ignores Old Pension Scheme in Lok Sabha election manifesto, says 'it's in our minds'
8 months, 2 weeks ago

Congress ignores Old Pension Scheme in Lok Sabha election manifesto, says 'it's in our minds'

Op India  

On 5th April, the Congress party released its manifesto ‘Nyay Patra’ for the coming Lok Sabha elections. After strongly campaigning for reverting to Old Pension Scheme in state assembly elections, the party has now backtracked and made no mention of OPS in its manifesto for the general elections. Congress’s decision to restore the Old Pension Scheme has taken a heavy …

Restoration of Old Pension Scheme: Govt. employees to go on indefinite strike from May 1
9 months, 3 weeks ago

Restoration of Old Pension Scheme: Govt. employees to go on indefinite strike from May 1

The Hindu  

A platform of trade unions and associations working among 28 lakh employees of the Union government, including the Railways and Central Public Sector Undertakings, and more than three crore employees and teachers with the State governments have decided to go on an indefinite strike from May 1 demanding the restoration of Old Pension Scheme replacing the present National Pension Scheme. …

13,000 state govt employees in Karnataka to be covered under Old Pension Scheme, CM Siddaramaiah announces
10 months, 4 weeks ago

13,000 state govt employees in Karnataka to be covered under Old Pension Scheme, CM Siddaramaiah announces

Op India  

The Karnataka government has issued a notification to cover about 13,000 state government employees, recruited after 2006, under the Old Pension Scheme. Taking to X, Chief Minister Siddaramaiah said that he had promised to fulfil this demand to the government employees when they were on a strike against the new pension scheme. “An order has been issued to cover the …

Maharashtra Cabinet permits OPS option for government employees hired through ads issued before November 2005
11 months, 2 weeks ago

Maharashtra Cabinet permits OPS option for government employees hired through ads issued before November 2005

The Hindu  

The Eknath Shinde-led Maharashtra Cabinet on Thursday cleared a proposal that offers State government employees who joined service after November 2005 on the basis of recruiting The decision comes days after government and semi-government employees struck work, demanding the restoration of the OPS. “It was decided in the Cabinet meeting today to give the old pension scheme option to those …

Telangana State Employees Pin Hopes on New Congress Govt for Resolving Pending Issues
1 year ago

Telangana State Employees Pin Hopes on New Congress Govt for Resolving Pending Issues

Deccan Chronicle  

Hyderabad: State government employees have pinned hopes on the incoming Congress government to address their pending issues including payment of two Dearness Allowance instalments, expediting the submission of the second Pay Revision Commission report and filling up vacancies in various departments. Employees’ union leaders plan to meet Chief Minister A. Revanth Reddy, after he assumes charge and explain the problems …

Will deliberate on Old Pension Scheme after panel report: Amit Shah
1 year, 1 month ago

Will deliberate on Old Pension Scheme after panel report: Amit Shah

The Hindu  

Union Home Minister Amit Shah said on Thursday that the government would deliberate on restoring the Old Pension Scheme once the committee constituted for the purpose submitted its report. Mr. Shah, while replying to a question on restoration of the OPS at a press conference in Jaipur, said, “We have constituted a committee to study the OPS. As soon as …

We’ll vote for the party that restores OPS, say striking teacher union leaders in Andhra Pradesh
1 year, 2 months ago

We’ll vote for the party that restores OPS, say striking teacher union leaders in Andhra Pradesh

The Hindu  

The indefinite hunger strike launched by the State leaders of the A.P. The State committee leaders said they would not accept either the Contributory Pension Scheme or the Guaranteed Pension Scheme formulated by the State government as an alternative to the OPS. They said the government employees, teachers and the public at large would vote for the party that would …

Punjab govt. employees await implementation of old pension scheme
1 year, 2 months ago

Punjab govt. employees await implementation of old pension scheme

The Hindu  

Pritam Singh was elated as were other employees last November when the Aam Aadmi Party government in Punjab issued a notification to restore the old pension scheme. ‘Optimism faded away’ Mr. Singh retired as a teacher from a government school in Ludhiana this April and since then has been drawing pension under the NPS. “I am getting a monthly pension …

‘We strongly support’: Kejriwal on demands to bring back old pension scheme
1 year, 2 months ago

‘We strongly support’: Kejriwal on demands to bring back old pension scheme

Hindustan Times  

Delhi chief minister Arvind Kejriwal on Sunday expressed his support for the demands of central and state government employees to reinstate the old pension scheme, who have also staged a protest for the same. The Congress party also joined the chorus in support of the protest against the New Pension Scheme and the call to restore the old pension scheme. …

Nation-wide teachers’ rath yatra seeking old pension scheme to enter A.P. on Sept. 15
1 year, 3 months ago

Nation-wide teachers’ rath yatra seeking old pension scheme to enter A.P. on Sept. 15

The Hindu  

The month-long nation-wide ‘rath yatra’ embarked upon by leaders of All-India Primary Teachers’ Federation on September 5 demanding restoration of the Old Pension Scheme, will enter Chittoor town in the State on September 15. Informing that rath yatras were flagged off simultaneously from four different destinations, Somnath in Gujarat, Attari border in Amritsar in Punjab, Guwahati in Assam and Kanyakumari …

CPS protest: Andhra Pradesh HC tells employees to decide new date for ‘chalo Vijayawada’
1 year, 3 months ago

CPS protest: Andhra Pradesh HC tells employees to decide new date for ‘chalo Vijayawada’

The Hindu  

Justice K. Sreenivasa Reddy of the Andhra Pradesh High Court has directed the Andhra Pradesh Contributory Pension Scheme Employees’ Association to come up with a fresh date for the proposed Chalo Vijayawada agitation scheduled for September 1. He was hearing a writ petition filed by the APCPSEA against the denial of permission for the agitation through which they intended to …

Govt employee unions to hold ‘Pension Rights Maharally’ in Delhi today
1 year, 4 months ago

Govt employee unions to hold ‘Pension Rights Maharally’ in Delhi today

Live Mint  

Employees of central and state government departments will gather at Ramlila Maidan on Thursday to demand the restoration of the Old Pension Scheme, a group of railway union leaders have said. As reported by PTI, the 'Pension Rights Maharally' will be organised under the banner of the Joint Forum for Restoration of Old Pension Scheme /National Joint Council of Action, …

Central government employees warned against participating in rally to demand Old Pension Scheme restoration
1 year, 4 months ago

Central government employees warned against participating in rally to demand Old Pension Scheme restoration

The Hindu  

The Central government on Wednesday warned government employees against participating in a rally to demand the restoration of Old Pension Scheme. An order issued by the Department of Personnel and Training said “any employee going on strike in any form, including protest, would face the consequences which, besides deduction of wages, may also include appropriate disciplinary action.” As on March …

Telangana: With Polls Near, Unions List Out Their Demands
1 year, 5 months ago

Telangana: With Polls Near, Unions List Out Their Demands

Deccan Chronicle  

HYDERABAD: The BRS is facing mounting pressure from government employee unions, teachers’ unions and pensioners to constitute a pay revision committee, after the last body finished its tenure on June 30, to fulfil promises made to them ahead of the Assembly elections. Major employee unions, including those of TNGOs, TGOs and teachers unions, mainly PRTU and UTF, have stepped up …

Govt Likely To Change NPS Rules For 40%-45% Assured Pension: Report
1 year, 6 months ago

Govt Likely To Change NPS Rules For 40%-45% Assured Pension: Report

ABP News  

The central government is considering revising the current market-linked National Pension Scheme to provide its employees with a minimum pension of 40 per cent to 45 per cent of their last drawn salary, reported news agency Reuters citing two government officials. Under the current National Pension Scheme, employees are required to contribute 10 per cent of their basic salary, while …

Govt mulling over assured pensions at 40-45% as some states move back to OPS
1 year, 6 months ago

Govt mulling over assured pensions at 40-45% as some states move back to OPS

Live Mint  

Amid the politics of the Old Pension Scheme vs National Pension Scheme, the Government of India officials on Wednesday said that they are mulling over some changes in the new market-linked pension scheme which will ensure employees a minimum pension of 40%-45% of their last drawn salary, a report by Reuters said. The development comes as many Opposition-ruled states in …

Bhatti bats for old pension scheme; promises to revoke GO 317
1 year, 6 months ago

Bhatti bats for old pension scheme; promises to revoke GO 317

Deccan Chronicle  

HYDERABAD: Congress Legislature Party leader Mallu Bhatti Vikramarka assured state government employees that once the Congress returns to power in the next elections, it would revoke the contributory pension scheme and restore the old pension scheme. Addressing a press conference at Linganurupalli in Achampet constituency during his People’s March padayatra on day 82 on Tuesday, Bhatti said that the Congress …

Should States revert to the Old Pension Scheme? | The Hindu Parley Podcast
1 year, 6 months ago

Should States revert to the Old Pension Scheme? | The Hindu Parley Podcast

The Hindu  

The National Pension Scheme was launched in 2004. While the older pension scheme offered defined benefits to all government employees without any contribution on their part, the NPS requires employees to contribute a sum throughout their working years. Almost two decades after the NPS came into effect, several States are switching back to the Old Pension Scheme. Earlier this year, …

Should States revert to the Old Pension Scheme?
1 year, 6 months ago

Should States revert to the Old Pension Scheme?

The Hindu  

The National Pension Scheme was launched in 2004. While the older pension scheme offered defined benefits to all government employees without any contribution on their part, the NPS requires employees to contribute a sum throughout their working years. Editorial | The old and the new: On the demand for the Old Pension Scheme The States trying to revert to the …

TS employees unions step up pressure on govt for new PRC
1 year, 7 months ago

TS employees unions step up pressure on govt for new PRC

Deccan Chronicle  

Hyderabad: Telangana employees unions are stepping up pressure on the state government for the constitution of a pay revision commission to revise salaries and pensions for employees and retired staff. The tenure of the incumbent PRC is set to end on June 30, and the unions want the new pay scales to come into force from July. The first PRC …

CPS employees hold 'pension march' in all districts demanding OPS
1 year, 8 months ago

CPS employees hold 'pension march' in all districts demanding OPS

Deccan Chronicle  

HYDERABAD: State government employees covered under the contributory pension scheme on Sunday held 'pension constitutional march' in all the 33 district headquarters demanding restoration of the old pension scheme, which is seen as being more beneficial for them. Thousands of employees and teachers under the aegis of TS CPS Employees Union, who were appointed after September 1, 2004, when the …

Massive rally planned for revival of old pension scheme on August 23
1 year, 8 months ago

Massive rally planned for revival of old pension scheme on August 23

Deccan Chronicle  

HYDERABAD: State government employees covered under the contributory pension scheme will take out a rally here on August 23 demanding the restoration of the old pension scheme. The decision was taken at an emergency meeting of the Telangana State CPS Employees Union executive council on Monday that was attended by union’s state president G. Sthitaprajna, treasurer Naresh Goud, general secretary …

Amid Protests In Several States, Centre To Form Panel To Look Into Pension System Of Govt Staff
1 year, 9 months ago

Amid Protests In Several States, Centre To Form Panel To Look Into Pension System Of Govt Staff

ABP News  

Amid massive protests in several states by government employees demanding restoration of the old pension scheme, Union Finance Minister Nirmala Sitharaman on Friday said the Centre would form a committee to look into issues related to pension, ANI reported. READ | 18 Lakh Maha Govt Staff Go On Strike For Old Pension Scheme After Failed Talks From 2004, the Central …

Plea in HC seeking direction to striking govt. employees over OPS
1 year, 9 months ago

Plea in HC seeking direction to striking govt. employees over OPS

The Hindu  

An application has been filed before the Bombay High Court on Thursday urging the court to direct 17 lakh government employees to withdraw their ongoing indefinite strike seeking restoration of the old pension scheme. On March 14, this year paramedics working in State-run hospitals, sanitation workers, nurses, ward boys and teachers joined the strike. Due to the strike, services in …

Old Pension Scheme: Plea In Bombay High Court Seeks Withdrawal Of Maharashtra Govt Employees' Strike, Hearing On Friday
1 year, 9 months ago

Old Pension Scheme: Plea In Bombay High Court Seeks Withdrawal Of Maharashtra Govt Employees' Strike, Hearing On Friday

Live Law  

A lawyer has approached the Bombay High Court against the indefinite strike by State Government Employees - paramedics, sanitation workers and teachers - who are demanding implementation of the Old Pension Scheme. Lakhs of employees of the Maharashtra government went on an indefinite strike from March 14 seeking restoration of the Old Pension Scheme, affecting services. The plea states that …

Maharashtra government employees’ strike enters second day
1 year, 9 months ago

Maharashtra government employees’ strike enters second day

The Hindu  

Lakhs of Maharashtra government employees on March 15 continued their strike on the second day to demand the restoration of the Old Pension Scheme, a day after Chief Minister Eknath Shinde appealed to them to resume work. Vishwas Katkar, the convenor of the committee of nearly 35 State government employees, semi-government employees and teachers, said employees from 36 districts have …

Explained: Why govt employees are demanding restoration of Old Pension Scheme?
1 year, 9 months ago

Explained: Why govt employees are demanding restoration of Old Pension Scheme?

Live Mint  

Demand for restoration of the Old Pension Scheme is growing with each passing day as many employees in Maharashtra and Haryana went on strike on Tuesday seeking its return. The former RBI governor said the old pension scheme does involve massive future outlays because of the indexation of pensions to current salaries. Old Pension Scheme is a retirement scheme approved …

Restore old pension scheme, Central Government officers urge Cabinet Secretary
1 year, 9 months ago

Restore old pension scheme, Central Government officers urge Cabinet Secretary

The Hindu  

A section of officers, led by the Confederation of Central Government Employees and Workers and the All India State Government Employees Federation, has approached Cabinet Secretary Rajiv Gauba demanding that the old pension scheme be restored and the National Pension Scheme revoked. The organisations said the Defined Benefit Pension Scheme, or the OPS, for government employees was a well-built and …

Maharashtra: 17 lakh govt employees go on strike for Old Pension Scheme
1 year, 9 months ago

Maharashtra: 17 lakh govt employees go on strike for Old Pension Scheme

Live Mint  

Lakhs of employees of the Maharashtra government went on strike on Tuesday seeking restoration of the Old Pension Scheme. From sanitation workers to teachers, from paramedics at hospitals to other government staff, everyone has joined the strike for the implementation of the old pension scheme on Tuesday. Under Old Pension Scheme, the pension amount is provided by the government, which …

Maharashtra government employees on strike for Old Pension Scheme
1 year, 9 months ago

Maharashtra government employees on strike for Old Pension Scheme

The Hindu  

Lakhs of employees of the Maharashtra government went on strike on March 14 seeking restoration of the Old Pension Scheme, a move that could hamper the functioning of the State administration and affect many services. On Tuesday, employees raised slogans such as "Only one mission, Restore Old Pension" outside government offices and hospitals. A day before, Maharashtra Chief Minister Eknath …

Maharashtra CM announces committee to study implementation of Old Pension Scheme
1 year, 9 months ago

Maharashtra CM announces committee to study implementation of Old Pension Scheme

The Hindu  

The Maharashtra government on Monday to set up a committee consisting of senior bureaucratic officers to look into the demand of the State government employees to implement the old pension scheme in the State. Therefore, the government is not against the principle behind the demand to implement the old pension scheme. This committee will submit the report in a timely …

’Find less costly ways...’: Raghuram Rajan speaks on Old Pension Scheme
1 year, 9 months ago

’Find less costly ways...’: Raghuram Rajan speaks on Old Pension Scheme

Live Mint  

Former RBI Governor Raghuram Rajan has expressed his concern regarding the Old Pension Scheme. He said that restarting the old pension scheme would be an enormous obligation in the long run, adding, "less costly ways should be found to address the demands of government pensioners". The former RBI governor said the old pension scheme does involve massive future outlays because …

Uttam: If voted to power, Congress can restore old pension scheme
1 year, 9 months ago

Uttam: If voted to power, Congress can restore old pension scheme

Deccan Chronicle  

Hyderabad: Congress leader N. Uttam Kumar Reddy on Monday promised to restore the old pension scheme if the party was elected to power. He was speaking at a joint press conference with PCC working president B. Mahesh Kumar Goud at Gandhi Bhavan to woo support for party candidate Galreddy Harshavardhan Reddy in the Mahbubnagar-Ranga Reddy-Hyderabad teachers’ Legislative Council constituency “We …

Implementation of OPS to be detrimental for larger public: Ex-RBI governor
1 year, 9 months ago

Implementation of OPS to be detrimental for larger public: Ex-RBI governor

Live Mint  

With several non-BJP-ruled states contemplating going back to Old Pension Scheme system, the former RBI Governor D Subbarao has made a piece of cautionary advice about the danger of retrograding to this rule. The ex-RBI Governor said the decision to restart OPS will be decidedly a “regressive move” and will provide more privilege to government servants at the cost of …

Select Central government employees can opt for Old Pension Scheme
1 year, 9 months ago

Select Central government employees can opt for Old Pension Scheme

The Hindu  

In a significant decision, the government has decided to give a one-time option to select Central government employees to migrate to the Old Pension Scheme, who applied for jobs advertised before December 22, 2003, the day the National Pension System was notified but joined the service in 2004, when the NPS came into effect. The option is available to the …

In Maharashtra Council, Devendra Fadnavis echoes Montek Singh Ahluwalia to counter Old Pension Scheme demand
1 year, 9 months ago

In Maharashtra Council, Devendra Fadnavis echoes Montek Singh Ahluwalia to counter Old Pension Scheme demand

The Hindu  

Maharashtra Deputy Chief Minister Devendra Fadnavis on March 3 echoed in the Legislative Council former Planning Commission deputy chairman Montek Singh Ahluwalia’s Opposition to the Old Pension Scheme. Mr. Fadnavis was responding to a question raised by Congress member Rajesh Rathod regarding the State’s plans on the implementation of OPS for teachers and State government employees who joined after 2005. …

Reverting to Old Pension Scheme will privilege government servants at cost of larger public: Former RBI governor D. Subbarao
1 year, 9 months ago

Reverting to Old Pension Scheme will privilege government servants at cost of larger public: Former RBI governor D. Subbarao

The Hindu  

The decision of some States to restart Old Pension Scheme will be decidedly a regressive move and will provide more privilege to government servants at the cost of larger public, majority of which has no social safety net, former RBI governor D. Subbarao has said. According to Mr. Subbarao, if State governments revert to a 'pay as you go' pension …

Maharashtra not entirely negative on Old Pension Scheme: Devendra Fadnavis
1 year, 9 months ago

Maharashtra not entirely negative on Old Pension Scheme: Devendra Fadnavis

India Today  

Maharashtra's Deputy Chief Minister Devendra Fadnavis on Friday said that the government is not "entirely negative" about the Old Pension Scheme for government employees, but added that any decision on the plan will have to be made keeping in mind the state's finances. Fadnavis's latest remarks came hours after he echoed Montek Singh Ahluwalia’s opposition to the old pension scheme …

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