Why did the Centre alter its pension plan
The government in Jammu and Kashmir has been closely involved in various aspects of job creation.
The Centre altered the pension plan in Jammu and Kashmir due to several reasons related to job creation:
- Ensuring more sustainable and cost-effective pension benefits for employees.
- Aligning the pension scheme with national standards to promote uniformity across the country.
- Improving financial management and accountability within the state's pension system.
- Enhancing transparency and efficiency in the administration of pension benefits.
- Addressing challenges related to pension liabilities and funding in the long term.
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8 months ago