Ministry of Finance busts fake news, says no proposal to cut govt pensions

Today, the Ministry of Finance explained that there is no plan to slash central government employee pensions as of now. The announcement came after some reports claim the govt aims to cut pensions by 20 percent.


by Niranjani Jesentha Kumari Prabagararaj

Updated: Apr 19, 2020 11:12 IST

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Twitter Update

The tweet from Ministry of Finance says:

"It is being reported that a 20% 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. Protection Status