What led to the return of assured pensions by the government
The government backtracks on the New Pension Scheme and brings back assured pensions.
- The recognition of the importance of providing financial security to retirees.
- Feedback from various stakeholders indicating dissatisfaction with the New Pension Scheme.
- Studies and research highlighting the pitfalls of the NPS in terms of providing stable retirement income.
- Pressure from pensioners' associations and organizations advocating for the reinstatement of assured pensions.
- The government's aim to restore confidence in the pension system and ensure social security for all citizens.
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8 months ago