The Economic Times

8th Pay Commission pension update: Fearing losses, why this employee body wants assured pension in New Pension System (NPS)

Central government employees are concerned about their NPS retirement corpus due to market fluctuations. The All India NPS Employees Federation has proposed an assured pension of 50% of last-drawn salary plus DA to the 8th Pay Commission, arguing the current model provides inadequate pensions for many, especially those with shorter service or lower pay levels.