Question
How many members are there in the committee set up by
the Finance Ministry to suggest measures to improve the pensionary benefits of government employees covered under the National Pension System (NPS)?Solution
  The Finance Ministry has set up a four-member committee under the chairmanship of Finance Secretary TV Somanathan to suggest measures to improve the pensionary benefits of government employees covered under the National Pension System (NPS).  The other members of this committee, are the Secretary, Department of Personnel & Training, Ministry of Personnel, Public Grievances & Pensions; Special Secretary (Pers), Department of Expenditure, Ministry of Finance; and Chairman,Pension Fund Regulatory & Development Authority (PFRDA).  The committee would be set up to look into the issue of pensions under the NPS with respect to government employees and evolve an approach that addresses the needs of the employees while maintaining fiscal prudence to protect the common citizen.
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