Overview
- The Finance Department issued the Government Order on January 9 and circulated it on January 10 to implement the Tamil Nadu Assured Pension Scheme effective January 1, 2026.
- The scheme is mandatory for employees entering government service from January 1, 2026, and will also cover CPS-governed staff who retire on or after that date.
- Employees who joined before 2026 under the CPS will be allowed at retirement to choose between TAPS benefits or benefits equivalent to the CPS.
- The design provides an assured pension equal to 50% of last-drawn basic pay plus dearness allowance, funded by a 10% employee contribution with the State meeting the remaining cost.
- Additional features include a 60% family pension, twice-yearly DA hikes in line with serving staff, and gratuity capped at ₹25 lakh, with operational guidelines to be notified separately.