Tag: national payment system

NEW DELHI: The concern among government employees over not getting 50% of their last salary as pension under the National Payment System (NPS) stems from the initial set of people leaving the scheme. For those who have exited the NPS already, the maximum service is a little over 18 years, while the median works out to nine years.In several cases, such as Himachal Pradesh and other states, contractual workers were absorbed as full-time government employees much later during their service and did not see full accumulation from NPS...