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Debate on the Old Pension Scheme (OPS) vs New Pension Scheme is very hot😲
The financial impact is very complex to understand🤔
I've researched for 10+ hrs, so you don't have to🥂
A thread🧵👇
The financial impact is very complex to understand🤔
I've researched for 10+ hrs, so you don't have to🥂
A thread🧵👇
In this thread, we'll cover:
[1] How is pension calculated?
[2] How much does it cost to the centre & state govts?
[3] What part of Budget goes towards pensions?
[4] What if we bring back OPS and how sustainable it is?
[5] If no, then what else can be done?
[1] How is pension calculated?
[2] How much does it cost to the centre & state govts?
[3] What part of Budget goes towards pensions?
[4] What if we bring back OPS and how sustainable it is?
[5] If no, then what else can be done?
Please read this with an open mind as I'm not biased:
🔶 My Grandfather received pension and it used to be his pride
🔶 My father has been a pvt sector employee all his life
🔶 I am a young guy, and I've been equally close to both ideologies - Pensioner and Pvt Sector employee
🔶 My Grandfather received pension and it used to be his pride
🔶 My father has been a pvt sector employee all his life
🔶 I am a young guy, and I've been equally close to both ideologies - Pensioner and Pvt Sector employee
