Finance ministry rubbishes reports of 20% cut in pensions to central government employees
The ministry clarified its position after reports that the government is planning to cut pensions
New Delhi: The finance ministry on Sunday said there will be no cut in pensions to central government employees.
The ministry clarified its position after reports that the government is planning to cut pensions.
"It is being reported that a 20 per cent 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," the ministry said in a tweet.
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.@PIBFactCheck https://t.co/hlZpnbxnJx
— Ministry of Finance 🇮🇳 #StayHome #StaySafe (@FinMinIndia) April 19, 2020
The ministry's tweet was also shared by Finance Minister Nirmala Sitharaman.