As highlighted by ET Wealth Online, the Bharat Pensioner Samaj (BPS) and the All India Defence Employees’ Federation (AIDEF) have recently written to the central government to amend the terms of reference (ToR) of the 8th Pay Commission and include clauses related to pension and family pension revision for employees who have retired before January 1, 2026.
Both the BPS and the AIDEF also want the government to take out the clause ‘unfunded cost of non-contributory pension schemes’ from the ToR. The clause, the BPS and the AIDEF claim, is a cause for concern among Old Pension Scheme (OPS) pensioners as they think the government is considering them as a liability rather than ensuring their financial protection.