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Old Pension Scheme News

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Maharashtra sets precedent as first state to launch Unified Pension Scheme

The Central government has approved a guaranteed pension of 50 percent of the salary for employees who joined the service under the National Pension System (NPS) after January 1, 2004. ...
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Unified Pension Scheme: Government rolls out assured benefits; All you need to know

The Centre has launched the Unified Pension Scheme, which guarantees central government employees a pension equivalent to 50% of their average basic salary from the last 12 months after completing 25 years of service....
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Chhattisgarh govt approves old pension scheme for power company employees

Chhattisgarh government on Friday approved the restoration of the old pension scheme for the officers and employees of Chhattisgarh State Power Companies after January 1, 2004. The decision was taken in the presence of the chief minister Bhupesh Singh Baghel at his residence i...
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‘Will go to Parliament’: Sanjay Singh on bringing back Old Pension Scheme

As several government employees are continuously demanding to bring back the ‘Old Pension Scheme’ (OPS), now Aam Aadmi Party (AAP) leader Sanjay Singh has now taken a dig at the system, urging to raise the issue of the OPS in Parliament when his membership in the Rajya Sab...

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