The current pension ... to the Old Pension Scheme. However, it clinched victory in Telangana without the OPS guarantee. Under the National Pension Scheme (NPS), retirees have the option to ...

Old-age and survivors’ insurance (AHV) is financed on a pay-as-you-go basis, i.e. the contributions of the younger people in work are used to pay for pensions. The first pillar of the pension scheme – ...

The scheme has been brought out to address the concerns of government employees over NPS, which came into effect from January 1, 2004. Under the old pension scheme (OPS), effective before January ...