Finance Minister Nirmala Sitharaman stated the untouched pension scheme is healthier and can fulfill maximum govt staff.
| Picture Credit score: ANI
Accusing Congress of spreading incorrect information, Finance Minister Nirmala Sitharaman on Tuesday (August 27, 2024) stated the newly introduced UPS is a untouched pension scheme and no longer a rollback.
“It is not a rollback… it is different from OPS (Old Pension Scheme) and NPS (National Pension System). It is clearly a new package,” she stated, including, the Unified Pension Scheme (UPS) is healthier and can fulfill maximum govt staff.
UPS is customized in any such type that each calculation suits or even the federal government isn’t pressured difference, she stated.
Ms. Sitharaman expressed hope that many of the states would undertake UPS “as it has a lot of benefits for employees”.
