<p>The state cabinet will discuss restoring the Old Pension Scheme and a decision will likely be announced in the state budget scheduled for July, Chief Minister Siddaramaiah said Tuesday. </p>.<p>A delegation of NPS Employees' Union met him and urged him to revoke the New Pension Scheme.</p>.<p>Karnataka State NPS Employees Union President Shantaram Teja brought to the notice of the CM that both Rajasthan and Chattisgarh had cancelled NPS.</p>.<p>By revoking this scheme the government can save up to Rs 19,000 crore available under the scheme and channelise it for developmental works, he said</p>
<p>The state cabinet will discuss restoring the Old Pension Scheme and a decision will likely be announced in the state budget scheduled for July, Chief Minister Siddaramaiah said Tuesday. </p>.<p>A delegation of NPS Employees' Union met him and urged him to revoke the New Pension Scheme.</p>.<p>Karnataka State NPS Employees Union President Shantaram Teja brought to the notice of the CM that both Rajasthan and Chattisgarh had cancelled NPS.</p>.<p>By revoking this scheme the government can save up to Rs 19,000 crore available under the scheme and channelise it for developmental works, he said</p>