Reports of 20% cut in central govt pensions is FAKE

April 19: A central govt circular showing 20% cut in pension disbursement is doing rounds in social media and certain TV channels creating panic among pensioners.The finance ministry on Sunday clarified that reports circulating in social media that a 20 per cent cut in central government pensions is being planned is nothing but FAKE. “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. It is clarified that salaries and pensions will not be affected by government cash management instructions,” the finance ministry said on Twitter.

The same was also investigated by PIB Fact Check. Taking to its twitter handle, PIB Fact Check wrote, “It is being reported that a 20% cut in Central Government Pensions is being planned. This news is FALSE & BASELESS. There will be no cut in pension disbursements.”

It is being reported that a 20% cut in Central Government Pensions is being planned. This news is FALSE & BASELESS. There will be no cut in pension disbursements.

Read : https://t.co/S8QqlSFzt4 https://t.co/tKHbLZaRii

— PIB Fact Check (@PIBFactCheck) April 19, 2020

PIB Fact Check further mentioned that, “Media reports & rumours circulating on social media claiming that the Govt may reduce employees’ pension by 30% & terminate it for those above the age of 80, in the context of #COVIDー19, is FAKE. #PIBFactCheck: This claim is #Fake. Government is doing no such thing!”