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NPS Vs Old Pension Scheme: RBI Says Some States Reversal To OPS Pose Significant Fiscal Risks

States reverting to old pension scheme fiscally unsustainable: RBI article

​​While terming the move as a "major step backwards", ​the article - authored by Rachit Solanki, Somnath Sharma, R K Sinha, S R Behera and Atri Mukherjee - said that the cumulative fiscal burden in the case of the OPS could be as high as 4.5 times that of the New Pension Scheme. The views expressed in the research paper are not that of the RBI.

7th pay commission: One-time option to switch to OPS from NPS available for these central govt employees; know eligibility, last date

NPS vs OPS: Select All India Services (AIS) officers covered by the National Pension System (NPS) will now get a one-time option to switch to the Old Pension Scheme, said DoPT. Know who will be eligible, what is the last date to submit the application and how will NPS corpus be restructured if a government employee switch to OPS from NPS.

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