No Proposal Under Consideration for Restoration of Old Pension Scheme: MoS for Finance Pankaj Chaudhary
Chaudhary said reverting to the Old Pension Scheme would strain government finances, as NPS corpus refunds to states are barred under pension rules.
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6 Articles
The Economic Times
Times of IndiaNo proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj Chaudhary
The government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested a reversion from the National Pension System to the Old Pension Scheme. The Unified Pension Scheme offers an inflation-linked defined benefit option for central government employees. This new scheme provides a minimum assured payout of ten thousand rupees monthly.
Government's stand on restoration of Old Pension Scheme (OPS) is clear, UPS is an option to reform NPS On behalf of the Central Government, Minister of State for Finance Shri Pankaj Choudhary clarified the government's position in the Lok Sabha on 10th August 2026 regarding the demand for restoration of Old Pension Scheme (OPS). Ministry of Finance […]
OPS Restoration: No Proposal Under Consideration, Govt Tells Lok Sabha
The Government of India has ruled out any proposal to restore the Old Pension Scheme (OPS) for Central Government employees, citing the scheme’s unsustainable fiscal liability on the government exchequer. The position was conveyed in the Lok Sabha on August 10, 2026, in response to questions on the restoration of OPS and its implementation. The... The post No Proposal to Restore OPS at Centre, Government Tells Lok Sabha appeared first on GConnec…
The Telangana CPS Employees Union (CPSEU) has expressed dissatisfaction over the non-implementation of the old pension scheme even after two and a half years of Congress coming to power in the state.
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