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Denying reports of 20 per cent cut in central government pensions as โ€˜falseโ€™, the Ministry of finance on Sunday said that there will be no reduction in salaries and pensions.

โ€œIt is being reported that a 20 per cent cut in central government pensions is being planned. This news is FALSE. There will be no cut in pension disbursements,โ€ said a Finance Ministry tweet.

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โ€œIt is clarified that salaries and pensions will not be affected by the Government Cash Management instructions,โ€ it added.

Union finance minister Nirmala Sitharaman also shared the ministryโ€™s tweet.

Earlier in the day, a concerned social media user tweeted regarding the reports on reduction in pensions.

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Replying to the tweet, Sitharaman said: โ€œThanks for approaching for a clarification. There is no cut in pensions.โ€