Old Pension Scheme

News

Will India govt restore Old Pension Scheme? Centre says no proposal under consideration: Here's why

The Centre has ruled out restoring the Old Pension Scheme (OPS), citing fiscal concerns. Here's why the Modi government prefers NPS and Unified Pension Scheme.

3 min read10 Aug 2026
Money

8th Pay Commission Kolkata meeting begins today: What Central government employees and pensioners can expect

The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.

3 min read9 Jul 2026
Money

DA hike, bonus, minimum wage increase — Here's what Himachal Pradesh State Forest Development Corporation staff will get

DA hike: Himachal Pradesh State Forest Development Corporation (HPSFDC) employees are set to receive a 3% hike in dearness allowance, minimum wage hike, and bonus for staff who draw up to ₹21,000 monthly salary.

2 min read4 Jul 2026
Money

8th Pay Commission: Central govt employees want old pension back – but can India afford it?

Demanding for OPS, All India NPS Employees Federation (AINPSEF) said in its memorandum, it provides “social security” and financial stability after retirement.

2 min read6 Jun 2026
Money

8th Pay Commission implementation timeline, arrears rules and fitment factor demands explained

8th Pay Commission timeline, arrears rules and union demands highlight uncertainty on implementation date, retrospective benefits, fitment factor proposals and pension reforms impacting employees and pensioners.

1 min read23 Mar 2026
Opinion

Old-age security as a Viksit Bharat aim: Begin pension contributions at birth to secure everyone’s post-retirement life

A contribution scheme that starts at birth—with an initial contribution from the government and for parents to chip in before the individual gets a job and takes charge—could secure the social security needs of Indian citizens as they age. It would provide funding for long-gestation projects too.

4 min read28 Dec 2025
Opinion

The National Pension System was tweaked for flexibility but awaits tax clarity

This funded pension scheme now offers access to low-cost fund management with the option of staggered withdrawals of what was once a lump-sum. This change is welcome. Its age bars should go and taxation should be kept benign.

3 min read7 Jan 2025
Opinion

Old-age security as a Viksit Bharat aim: Begin pension contributions at birth to secure everyone’s post-retirement life

A contribution scheme that starts at birth—with an initial contribution from the government and for parents to chip in before the individual gets a job and takes charge—could secure the social security needs of Indian citizens as they age. It would provide funding for long-gestation projects too.

4 min read28 Dec 2025