Government forms 3-member panel to study pension schemes
The Hindu Bureau
CHENNAI 05.02.2025
The Tamil Nadu government has constituted a three-member committee to study the Old Pension Scheme (OPS), the Contributory Pension Scheme (CPS) and the Unified Pension Scheme (UPS), and submit a detailed report with recommendations within nine months.
IAS officer Gagandeep Singh Bedi, and former Director of Madras School of Economics K.R. Shanmugam are its members. IAS officer Pratik Tayal would be the Member Secretary, a release said. The CPS was introduced for State government employees, who joined service on April 1, 2003. The National Pension System was introduced for employees of the Union government from January 1, 2004. However, the CPS was followed for the State government employees. There have been representations from the State government employees to resume the OPS, which was followed before April 1, 2003. The Union government issued a notification for the UPS on January 24, 2025.
Frederic Engels, State coordinator of CPS Abolition Movement, said it was a “betrayal” by the DMK government as only a year was left before the Assembly poll in the State.
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