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Indian Civil Servants Pension Liability Projections: An Alternative Framework

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  • Ayanendu Sanyal
  • K Gayithri
  • S Erappa

Abstract

The central government pension scheme of India has experienced a major shift from January 1, 2004. These reforms have been undergone to contain the fiscal liability. This paper first critically examines the existing frameworks to project pension liability. An alternative framework is developed using which the paper projects the pension liability for the next 100 years both under the New Pension Scheme (NPS) and the Old Pension Scheme (OPS).

Suggested Citation

  • Ayanendu Sanyal & K Gayithri & S Erappa, 2011. "Indian Civil Servants Pension Liability Projections: An Alternative Framework," The IUP Journal of Public Finance, IUP Publications, vol. 0(2), pages 7-29, May.
    • Handle: RePEc:icf:icfjpf:v:09:y:2011:i:2:p:7-29
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