TN CMM.K. Stalin Announces ‘Tamil Nadu Assured Pension Scheme’

Current Context: On January 3, 2026, Tamil Nadu Chief Minister M.K. Stalin announced the Tamil Nadu Assured Pension Scheme (TAPS).

• The scheme guarantees government employees and teachers a pension equal to 50% of their last drawn basic pay.
• Employees will contribute 10% of their basic pay, while the State government will provide additional funding, including an initial ₹13,000 crore corpus.
• Pensioners will also receive Dearness Allowance hikes twice a year, ensuring parity with serving employees.
• In case of death, 60% of the pension will be given as family pension to nominees.
• The scheme was introduced based on the recommendations of a three-member Pension Committee headed by Additional Chief Secretary Gagandeep Singh Bedi.

Question:

Q.1 The Tamil Nadu Assured Pension Scheme (TAPS), announced in January 2026, guarantees a pension equivalent to what percentage of the last drawn basic pay?
a) 40%
b) 50%
c) 55%
d) 60%

Answer: b) The scheme guarantees government employees and teachers a pension equal to 50% of their last drawn basic pay.