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Karnataka Government Plans NPS Scrapping, OPS Return Soon
Karnataka’s government wants to change how government workers receive pensions.
It plans to stop using the New Pension Scheme, or NPS.
The government says it will bring back the Old Pension Scheme, or OPS.
Deputy Chief Minister G Parameshwara announced this plan.
He said government employees have wanted this change for a long time.
He also said the Congress party promised it before the elections.
Chief Minister D K Shivakumar has discussed the issue and supports the change.
The government has not yet said exactly when the new system will begin.
Deputy Chief Minister G Parameshwara said Karnataka will soon scrap the New Pension Scheme.
The government plans to reintroduce the Old Pension Scheme for government employees.
Parameshwara said OPS was a long-standing demand of government employees.
He said the move fulfilled a Congress party promise made before the elections.
Chief Minister D K Shivakumar has held discussions and supports replacing NPS with OPS.
- Who
- Karnataka Deputy Chief Minister G Parameshwara announced the plan; Chief Minister D K Shivakumar is involved in discussions.
- What
- The Karnataka government plans to scrap the New Pension Scheme and reintroduce the Old Pension Scheme.
- Where
- The announcement was made at a state-level Teachers’ Day celebration in Karnataka.
- When
- The announcement was made on September 6, 2026; the government said the change would happen soon.
- Why
- The change addresses a long-standing demand from government employees and a Congress party election promise.
Key facts
- State
- Karnataka
- Current scheme targeted for removal
- New Pension Scheme (NPS)
- Scheme planned for reintroduction
- Old Pension Scheme (OPS)
- Announced by
- G Parameshwara, Karnataka Deputy Chief Minister
- Chief minister involved
- D K Shivakumar
- Stated reason
- A long-standing employee demand and a Congress party election promise
- Announcement date
- September 6, 2026
Quotes
G Parameshwara
Karnataka Deputy Chief Minister who announced the government’s pension-scheme decision
“The chief minister has held discussions on the issue. The government has taken an important decision to scrap the NPS and implement the OPS soon”
thehindubusinessline.com
Sources
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