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Tamil Nadu 1 min read

Tamil Nadu Pension Committee Headed by Gagandeep Singh Bedi Submits Final Report

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A three-member committee chaired by Gagandeep Singh Bedi, with K.R. Shanmugam and Pratik Tayal as members, gave its final report on employee pensions to the Tamil Nadu government. It compared the Old Pension Scheme (for staff who joined before 1 April 2003), the Contributory Pension Scheme (10% employee share matched by the State) and the Centre's Unified Pension Scheme. About 6.24 lakh people are under CPS, with roughly ₹84,507 crore accumulated by March 2025. Pension spending in 2024-25 was about ₹42,509 crore, or 14.2% of revenue receipts.