HomeNewsBusinessSikkim govt will bring back old pension scheme for its employees: CM

Sikkim govt will bring back old pension scheme for its employees: CM

He said the government has received the report of the committee that it set up last year to study the viability of the OPS in Sikkim.

September 12, 2023 / 16:46 IST
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Sikkim govt will bring back old pension scheme for its employees: CM

The Sikkim government will bring back the Old Pension Scheme (OPS) for its employees, Chief Minister Prem Singh Tamang said.

He said the government has received the report of the committee that it set up last year to study the viability of the OPS in Sikkim.

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"The state government has started work for the restoration of the OPS on the basis of the report," he said, addressing a function in Namchi on Monday.

If implemented, over 30,000 government employees will be benefitted. Government service is the main source of livelihood for a large section of the population of the state.