Politics
OPS Restoration to Cost Himachal Pradesh Govt Rs 1,000 Cr Annually
Shimla, Himachal Pradesh
The Himachal Pradesh government faces an estimated annual financial burden of Rs 1,000 crore due to the restoration of the Old Pension Scheme (OPS). This significant cost adds to the state's existing financial challenges. The government, however, remains committed to implementing OPS for its employees. Discussions are ongoing with the Union government regarding the return of Rs 9,242 crore in National Pension System (NPS) contributions, which could alleviate some of the strain. This update was r
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