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

The Finance Ministry today clarified that there is no proposal to reduce pensions of central government employees.

The statement came after some reports claimed that the govt is planning to reduce pensions by 20 per cent.

“It has come to the notice of the Department of Pensions and Pensioners' Welfare (DoPPW) that, in the wake of the current pandemic COVID-19 and the ensuing economic scenario, many rumours are afloat that the government is contemplating a reduction or stoppage of pension which has become a source of worry for the pensioners,” the government said in a communique.


"As clarified earlier, it is being reiterated that there is no such proposal for reduction of pension and no action is contemplated by the government in this respect. Instead, the government is committed for the welfare and well being of the pensioners," the communique issued by the DoPPW said.

There are 65.26 lakh central government pensioners.


With PTI Inputs