pension

Centre rubbishes media report on possible tweak in pension system, says no conclusion reached – Times of India

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[ad_1] NEW DELHI: Dismissing a media report on possible changes in the new pension system in the country as “false”, the Union Finance Ministry on Thursday clarified that the matter is still under deliberation and no conclusion has been reached.Earlier, reports suggested that the government will propose 40-45 per cent of their last drawn salary … Read more

Centre mulls tweaks in NPS to offer assured base pensions to govt employees – Times of India

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[ad_1] NEW DELHI: The Centre is planning to make changes in the current National Pension Scheme which will enable central government employees to get a minimum pension of 40-45% of their last drawn salary. The Modi government is likely to alter the current market-linked New Pension Scheme (NPS) to assuage some holdout states which have … Read more