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Centre denies claims on pension cuts, says no such proposal
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Centre denies claims on pension cuts, says no such proposal
Apr 20, 2020 5:41 AM

Denying reports of 20 percent cut in central government pensions as 'false', the Ministry of Finance on Sunday said that there will be no reduction in salaries and pensions.

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"It is being reported that a 20 percent cut in central government pensions is being planned. This news is FALSE. There will be no cut in pension disbursements," said a Finance Ministry tweet.

"It is clarified that salaries and pensions will not be affected by the Government Cash Management instructions," it added.

Union Finance Minister Nirmala Sitharaman also shared the ministry's 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

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