Nagaland Government Employees Demand Restoration of Old Pension Scheme
Hundreds of government employees in Nagaland protested to demand the scrapping of the new pension schemes (NPS and UPS) and the restoration of the old pension scheme (OPS). They argued that OPS offers guaranteed lifetime pension and social security while NPS does not. A 10-point charter was submitted to the government.
- Country:
- India
Hundreds of government employees in Nagaland took to the streets on Thursday, demanding the scrapping of the new pension schemes (NPS and UPS) in favor of restoring the old pension scheme (OPS).
Organized by the Confederation of All Nagaland State Services Employees Association (CANSSEA) and Nagaland National Pension Scheme Government Service Employees Forum (NNPSGSEF), the protest saw employees holding banners and placards, chanting slogans for their demands.
Employees claim the OPS provided guaranteed lifetime pensions, which the new schemes fail to offer, creating uncertainties. They implored the government to repeal the Pension Fund Regulatory and Development Authority (PFRDA) Act and return to the OPS. Additionally, they presented a 10-point charter of demands, emphasizing the need for social security in retirement.
(With inputs from agencies.)
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