Logo

Logo

OPS

Pension Balancing

The recent introduction of the Unified Pension Scheme (UPS) by the Centre aims to balance the conflicting demands of fiscal responsibility and guaranteed pensions for public employees.

Old versus New

Adversaries of the Old Pension Scheme are honing their lethal weapons by the day to bludgeon the New Pension Scheme. Yet the governments of five states, Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have already reintroduced the Old Pension Scheme.