Government Brings Back Old Pension Scheme in 2025 to Enhance Retirement Stability
The Old Pension Scheme (OPS) was a reliable source of financial stability for government employees in India. It guaranteed a fixed post-retirement income. However, in 2004, the government replaced OPS with the National Pension System (NPS), a market-linked scheme. This shift created uncertainty and dissatisfaction among employees. Now, in a major policy shift, the government … Read more