New Pension Rule for PSU Employees

New Pension Rule for PSU Employees

A significant change has been made to pension regulations by the Central Government which will directly impact the employees absorbed Public Sector Undertakings (PSUs) from earlier government roles. It has been stated that dismissal or removal of an employee from service in a PSU can result in the forfeiture of pension benefits earned during the previous government service through an amendment to the Central Civil Services.