Is there a middle way between the Old Pension Scheme and the New Pension Scheme? | In Focus podcast
In Focus by The Hindu
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Is the State's Contribution Going to Be?
I would totally go with a contributory scheme with an assured pension. Instead of these two extremes, let's say, of either the old pension scheme where there is no contribution or the new pension scheme which creates a lot of anxiety. I mean, after all, the state's responsibility is to take care of both the non-adult population, the children, as well as the elderly. If it's going to be just a market-based thing, then I might as well just invest my savings into the stock market and whatever I get, I get. That is what I would argue for. Contribution at the upper end of the income distribution and assured return without contribution at the lower end
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