Finance Ministry busts fake news, says no proposal to cut govt pensions

"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," the finance ministry said in a tweet. "It is clarified that salaries and pensions will not be affected by Government Cash Management instructions," the ministry further added.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2ytX1KZ