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New pension plan for govt staff

The Free Press Journal - Mumbai

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January 04, 2026

Existing systems undermine retirement security

- HD Bureau

Tamil Nadu will implement a new assured pension fra mework for State government employees, with Chief Minister M. K. Stalin ann ouncing the Tamil Nadu Assured Pension Scheme on Saturday.

The move restores a defined benefit promise for the workforce, guaranteeing a pension equal to 50% of an employee's last-drawn_ basic pay, while setting out a shared contribution structure between employees and the government.

MEER VERHALEN VAN The Free Press Journal - Mumbai

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