‘State should revoke contributory pension scheme’

‘State should revoke contributory pension scheme’

The Hindu Bureau

Madurai 26.08.2024 


The Contributory Pension Scheme Abolition Movement has demanded the State Government to fulfil its poll promise of revocation of contributory pension scheme and replacing it with the old pension scheme.

Talking to reporters here on Sunday, its coordinator, M. Selvakumar, said Finance Minister Thengam Thennarasu on April 26, 2023 had said that the State would take a call on reintroduction of old pension scheme after looking into the report of Somanathan Committee constituted by the Centre on the New Pension Scheme.

The Centre has decided to introduce the unified pension scheme based on Somanathan Committee report, he said and added that it was now the State’s turn to fulfill its promise.