Tamil Nadu’s new pension scheme broadly follows the guidelines of Old Pension Scheme
Pension under the Tamil Nadu Assured Pension Scheme will be based on 50% of the pay drawn in the last month of service, whereas it is 50% of the average of the last 12 months’ basic pay under the Unified Pension Scheme. | Photo Credit: Getty Images/iStockphoto The Tamil Nadu Assured Pension Scheme (TAPS), which…