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Pension Scheme - Future of Retired Employees

CA Suresh Kumar Agarwal , Last updated: 31 January 2024 Share Follow on Google News

The old pension scheme, introduced in the 1950s, was exclusive for government workers. It guarantees a pension equivalent to 50 per cent of the last drawn basic salary on monthly basis, along with a Dearness Reliefs with half yearly revision upon retirement or an average of the wages earned in the f

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About the Author

CA Suresh Kumar Agarwal

Service with Delhi Government

Working with Delhi Financial Corporation (A Delhi Government Undertaking) as Assistant General Manager. Completed Chartered Accountant in 2009, CAIIB in 2011, FAFP in 2016.

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