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Home National

Finance Ministry allays fears of Central Govt employees over cut in pension

The ministry's tweet was also shared by Finance Minister Nirmala Sitharaman.

by Navjeevan Express
6 years ago
in National, Personal Finance
Reading Time: 1 min read
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Finance Ministry allays fears of Central Govt employees over cut in pension
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NE NEWS SERVICE

NEW DELHI, APRIL 19

The Finance Ministry on Sunday allayed the fears of central government employees stating that there will be no cut in pension.

The ministry clarified its position after reports that the government is planning to cut pensions.

“It is being reported that a 20 percent cut in central government pensions is being planned. This news is false. There will be no cut in pension disbursements. It is clarified that salaries and pensions will not be affected by government cash management instructions,” the ministry said in a tweet.

The ministry’s tweet was also shared by Finance Minister Nirmala Sitharaman.

 

 

Tags: central government employeesFinance Minister Nirmala Sitharamanfinance ministrypension cut
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