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Old pension scheme’s burden 4.5x of new system: RBI study

by September 19, 2023 0

A study published by the RBI warns against a return to the Old Pension Scheme (OPS) in India, estimating that implementing it would create a fiscal burden 4.5 times greater than the existing National Pension System (NPS). The study cautions that reverting to OPS would have an adverse impact on government finances and increase...

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