Bengaluru, Sept. 6 -- Karnataka Deputy Chief Minister G Parameshwara on Sunday said the State Government has decided to reintroduce the Old Pension Scheme (OPS) soon, assuring government employees that the New Pension Scheme (NPS) would be abolished.
Speaking at the State-level Teachers' Day celebrations and State award ceremony for teachers at Vidhana Soudha here, Dr Parameshwara said Chief Minister D K Shivakumar was keen on fulfilling the Congress party's pre-election promise on the pension scheme.
"For some reasons, the Old Pension Scheme could not be reintroduced so far. However, the Chief Minister is interested in cancelling the New Pension Scheme and the government has taken an important decision to implement the Old Pension Scheme...