Minimum Pension Scheme: Finance Ministry Rejected The News Of Giving Minimum Pension To Central Employees, Said – The Committee Is Still Discussing

Minimum Pension Benefit: The Finance Ministry has rejected the news of giving minimum pension to central employees. The Finance Ministry has tweeted that several newspapers are reporting that the government may come up with a proposal to provide minimum pension to its employees under NPS. The Finance Ministry said the news is completely false.

The Finance Ministry said that after the Finance Minister’s announcement in the Budget Session of the Lok Sabha, a committee on NPS has been constituted under the chairmanship of the Finance Secretary. Which is currently in constant discussion with various officials. The finance ministry said the committee has not reached any conclusion yet.

In fact, there was news on Wednesday that the central government may decide to provide minimum pension to its employees amid growing demand for the old pension scheme. The Central Government can guarantee a minimum pension of 40 to 45 percent of the last pay of the employees.

Let us tell you that in the midst of growing opposition to the National Pension Scheme, the Central Government had announced the formation of a committee headed by the Finance Secretary, considering the demands of the old pension scheme, which is considering making the NPS attractive. It is believed that the central government can make NPS attractive to the employees so that the resentment among the central employees can be reduced.

This is in reference to a news report carried in various news papers, purporting to give details of certain specific percentage of pension being proposed by the Government for the employees under National Pension System. #NPS. This news report is false.

The Committee, set up…

— Ministry of Finance (@FinMinIndia) June 22, 2023

Tension is going on between the Center and the states ruled by the opposition parties regarding the National Pension Scheme. These days the state government employees including the central government are protesting against the National Pension Scheme and demanding restoration of the old pension scheme.

Also read:

Black money reduced in Swiss banks! Deposits of Indians declined to 3.42 billion Swiss francs in 2022