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Unified Pension Scheme not seen to have a significant impact on the Centre’s fiscal math for now

By Business Today - a month ago
Centre’s pension outgo is pegged at 5% of the total expenditure; scheme details awaited.
Read more at: Business Today

Topics:

Centre pension bill Rs 2.43 lakh crore pension bill Unified Pension Scheme UPS rollout impact fiscal deficit Union Budget basic pension review Pay Commission Eighth Pay Commission pooled pension fund central government employees additional spending Rs 6 250 crore arrears Rs 800 crore Budget documents FY25 pension scheme fiscal impact Madan Sabnavis Bank of Baroda employees contribution pension economic growth revenue Macquarie report pension Maharashtra pension scheme National Pension System Old Pension Scheme state fiscal deficit Reserve Bank of India concerns OPS vs NPS government pension contributions defined benefit scheme defined contribution scheme

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