The much-talked about pension reforms have been approved by the government and include measures such as suspension of collection of several pensions and provision of pension for families only for 10 years.According to Geonews, the government will calculate the raw pension based on the average of 70% of the salary of the last 24 months before retirement. This summary has been sent to the Ministry of Defence, Establishment Division and Ministry of Home Affairs for perusal and comments According to the summary approved by the ECC, under the chairmanship of the Finance Minister, the recently approved summary states that pension is a benefit that is available to deserving employees and their dependents but the expenditure in this regard. are increasing day by day and becoming unsustainable. Among the terms of reference of Pay and Pension Commission 2020 was that the government will revise the existing pension scheme.
