Major pension rule change for Central govt employees in PSUs, dismissed staff to lose retirement benefits

In a significant policy update affecting lakhs of central government employees, the Union Government has announced a major amendment to the pension rules under the Central Civil Services (Pension) Rules, 2021. As per the new rules, employees of Public Sector Undertakings (PSUs) who are dismissed or removed from service will no longer be entitled to retirement benefits, including pensions.

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