US EditionTamil Nadu Unveils New Assured Pension Scheme for Government Employees
The scheme restores Old Pension Scheme benefits with state funding an annual Rs 11,000 crore top-up, covering family pensions and minimum pensions for qualifying retirees.
- On Saturday , Tamil Nadu Chief Minister M.K. Stalin announced the Tamil Nadu Assured Pension Scheme , assuring State government employees a pension of 50% of last-drawn basic pay.
- Pressure from government servants and teachers, including protests since last month, prompted the DMK to fulfill its poll pledge by reverting to the Old Pension Scheme.
- Employees will contribute 10% of their basic pay, while the Tamil Nadu government plans Rs 11,000 crore annually and a one-time Rs 13,000 crore contribution.
- JACTTO-GEO and FOTA-GEO withdrew an indefinite strike planned from January 6, while union representatives thanked M.K. Stalin, crediting the move with winning a vital electorate segment ahead of the 2026 assembly election.
- Pensioners will receive DA hikes twice a year and a family pension of 60%, plus gratuity up to Rs 25 lakh, minimum pension for non-qualifiers, and special compassionate pension for CPS retirees.
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15 Articles
NDTV
awazthevoice.inTamil Nadu Announces New Pension Scheme For Government Staff Ahead Of Polls
Fulfilling the over 2-decade-old demand of government employees and teachers, Chief Minister M K Stalin on Saturday announced a new plan, the "Tamil Nadu Assured Pension Scheme," and said it would provide the benefits of the Old Pension Scheme.
Tamil Nadu Unveils New Assured Pension Scheme for Government Employees
Tamil Nadu Chief Minister M K Stalin announced the 'Tamil Nadu Assured Pension Scheme,' fulfilling a decades-old demand. It provides government employees 50% of the last drawn salary as pension and includes death gratuities and other benefits. The scheme also addresses government expenditure challenges due to its significant financial commitment.
CM Stalin announces Tamil Nadu Assured Pension Scheme, guarantees 50% last-drawn pay for govt employees
The announcement comes against the backdrop of an indefinite strike call from January 6 by employees’ unions JACTTO-GEO and FOTA-GEO. Following the Chief Minister’s decision, the unions announced the withdrawal of the strike.
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