The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. But, "we will not go back to the old pension system," said one senior government official. This compromise, the government believes, will assuage the concerns of states that went back to the old pension system and cover the whole country with one fiscally sustainable pension scheme, both the sources said. Recently, states including Rajasthan, Jharkhand, Chhattisgarh, Himachal Pradesh and Punjab have opted to move back to the old pension system. Reuters GraphicsThe government officials said that the amended pension scheme will not stress the budget math as much.

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Persons: Narendra Modi, Modi, Aftab Ahmed, Nikunj, Savio D'Souza Organizations: Reuters, Pensions, Thomson Locations: DELHI, Rajasthan, Jharkhand, Chhattisgarh, Himachal Pradesh, Punjab