Good News for Government Employees: 50% Pension of Basic Salary Post-Retirement?

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Kerala Introduces 'Defined Pension Scheme' for Govt Employees: 50% Basic Salary Pension

Kerala Introduces 'Defined Pension Scheme' for Govt Employees: 50% Basic Salary Pension

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News18•01-03-2026, 19:18

Kerala Introduces 'Defined Pension Scheme' for Govt Employees: 50% Basic Salary Pension

•Kerala government implements 'Defined Pension Scheme' from April 1, 2026, replacing NPS for new employees.
•Employees to receive a maximum of 50% of their basic salary as pension upon retirement.
•Pension amount will be based on state government-approved pay scale, with dearness relief for inflation.
•New employees from April 1, 2026, and current NPS members can opt for the new scheme.
•To receive maximum 50% pension, employees must complete 30 years of qualifying service.

Read Full Article on News18 in Hindi

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