new pension scheme

NEW DELHI: Finance secretary TV Somanathanon Thursday said states reverting to old pension schemes should be cautious as it could have implications for future governments, while underlining the need to keep the pace of increase in revenue…

Last Updated: January 18, 2023, 11:54 ISTNot only RBI, but former NITI Aayog chairman Arvind Panagariya also said that states will not be able to afford the financial burden of OPS.In the New pension scheme, employees are expected to…

Amid the New Pension Scheme vs old pension scheme debate, the Centre has also allowed its employees to opt for the latter in certain cases. It said that under the Central Civil Services (Implementation of National Pension System ) Rules,…

NPS Vs Old Pension Scheme: Even as several states are mulling over re-introducing the old pension scheme (OPS), the Punjab government has decided to restore the OPS for its employees. The state government said employees will be given the…

More and more opposition parties in India seem to be warming to the idea of reverting to the Old Pension Scheme (OPS). There is no denying that such a promise will appeal to current and future government employees. The OPS offers…

NPS Scheme For Post-Retirement Savings: Financial security is a major concern for those retiring. For post-retirement income, people plan and manage their savings for years. There are various instruments available in the market that assures…

In a clarification to those who receive a family pension, the government has released a memorandum to answer a lingering question. The confusion regarding family pension that often arose was — whether a family member is entitled to take two…

The NDA government under Atal Bihari Vajpayee in 2003 had scrapped the Old Pension Scheme (OPS) and introduced the National Pension Scheme (NPS) from April 1, 2004 The Centre on Monday denied intentions of scrapping the existing National…