Kerala to Implement Assured Pension Scheme for Government Employees from April 2026

The Kerala government has ordered the implementation of the Assured Pension Scheme for its employees starting April 1, 2026. Announced by Finance Minister K N Balagopal, the scheme offers a minimum pension replacing the National Pension System (NPS). New employees can choose between the two, while current NPS members may switch. The maximum pension equals 50% of the basic pay at retirement, with Dearness Relief added. Eligibility requires 30 years of service, and detailed guidelines will be issued later.