Economy

Telangana mulls pension scheme for govt staff

The Telangana government is planning to introduce a pension scheme for all State government employees, with support from the Pension Fund Regulatory and Development Authority (PFRDA).

“Standardising pension schemes for all government employees is the need of the hour,” Jayesh Ranjan, Special Chief Secretary to the Telangana government, said.

He also stated that gig and platform workers in the State would soon have social security under the upcoming Telangana Gig and Platform Workers (Registration, Social Security, and Welfare) Act, 2025, which is expected to be tabled in the next Assembly session.

Addressing a national conclave on the National Pension System (NPS) – Empowering Corporates, Enabling Bharat here on Saturday, he said that many people were reluctant to discuss retirement planning. 

S. Raman, Chairperson, PFRDA, acknowledged this problem. “People generally avoid conversations about retirement savings, especially pensions. Many people remain unaware of financial planning, wealth creation and financial instruments. Our mandate has always been—grow rich before you grow old,” he said in a statement here.

Stating that only 10 crore out of the 55 crore workforce are in the organised sector, he said this presented a massive opportunity for pension products. 

Published on November 15, 2025

Source link

creativebharatgroup@gmail.com

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Economy

Direct flights open up new overseas destinations, Indian arrivals rise in double digits

Last year, IndiGo operated its maiden flights to Central Asia. It was an uncharted territory for the airline but with the
Economy

MHI to consult with Ministry of Health again for guidelines on e-ambulances

The Ministry of Heavy Industries (MHI) is in consultation with Ministry of Health and Family Welfare for electric ambulances to