NEW DELHI : Amid reports that the central government has cut pensions by 20% to conserve cash during the Covid-19 lockdown, the finance ministry today clarified that all such news is false. "It is being reported that a 20% cut in Central Government Pensions is being planned.
This news is false. There will be no cut in pension disbursements. It is clarified that salaries and pensions will not be affected by government cash management instructions," the finance ministry said on Twitter.
The tweet came in response to a question by a social media user who said he has come across a central government circular showing 20% cut in pension disbursement on social media and TV channels. "A central govt circular showing 20% cut in pension disbursement