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Social media is abuzz with reports claiming that the government has radically cut the pension of retired employees, and in accordance with a new policy, employees will now receive a pension based on the pay they were paid when they were originally recruited into the civil service. However, the claim is false. There is no such policy.
In June of this year, a copy of the ostensibly official notification was posted on the social networking site Facebook. According to the article, a retired employee’s pension is currently determined by the number of years of service and the final pay stub, and the government also provides retiring officials with a commutation fund.
It claimed that the government had modified its position so that retiring personnel would now be eligible for pensions based on their starting basic salaries when they joined the public sector.
Officials said the social media notification was a hoax and that no such regulation was being considered.
The assertions are “absolutely false,” according to a senior official from the ministry of finance who declined to be named. Over the phone, he added, “This is not even under consideration.