'UPS Not A U-Turn, But An Improvement': Top Government Official Defends Unified Pension Scheme

'UPS Not A U-Turn, But An Improvement': Top Government Official Defends Unified Pension Scheme
As Opposition and opposition-ruled states plan to confront and defy the Centre on the Unified Pension Scheme (UPS), the government has reached out to them again to convince them that it would make financial prudence to adopt the UPS and abandon the Old Pension Scheme (OPS).
Speaking exclusively to News18, Parama Sen, Additional Secretary in the Ministry of Finance, who also works in the pension department, said, “Every country has acknowledged that something on the lines of the OPS is not financially prudent and viable. So, it would, and I hope they realise it, make sense to switch.”
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[@sukhpreet7430]

It's okay that you are going to pay us a pension but what about our deduction amount which you have collected from use i.e 10% every month.. and we are paying income tax on it. But it seems that the government is looting 10% of our salary and then charging income on it. At the end we get nothing

[@user-pg6op7jw1i]

😢😮

[@sibasir7175]

Only ops