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Questions and Answers
What percentage of total revenue expenditures did pension spending alone amount to in the 10 States on average from 2017-18 to 2021-22?
What percentage of total revenue expenditures did pension spending alone amount to in the 10 States on average from 2017-18 to 2021-22?
- 12.4% (correct)
- 20.2%
- 8.7%
- 15.9%
What is the predicted range for the pension outlay as a percentage of GSDP through 2030-31?
What is the predicted range for the pension outlay as a percentage of GSDP through 2030-31?
- 0.7% - 3% (correct)
- 1.5% - 4%
- 1% - 3.5%
- 0.5% - 2.5%
What factor encouraged early retirement and underutilization of personnel resources, leading to the replacement of OPS with NPS?
What factor encouraged early retirement and underutilization of personnel resources, leading to the replacement of OPS with NPS?
- Salary-linked pensions
- Rising life expectancy
- Periodic DA increases
- OPS (correct)
What are the driving factors behind the expected increase in pension obligations in the future?
What are the driving factors behind the expected increase in pension obligations in the future?
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What is the percentage of GDP that state pension liabilities represent as of 2021-22?
What is the percentage of GDP that state pension liabilities represent as of 2021-22?
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