A recent study examined pension reforms and their impact on retirement income. Researchers found that these reforms have created uncertainty about who bears the cost of ensuring adequate retirement income. The study compared different pension systems, including the National Pension System and the Unified Pension Scheme. It found significant differences in how these systems distribute risks and costs. Further details about the study's findings are available. The study was conducted by a professor at IIM Indore and published in a review of income and wealth.

The study's results may be of interest to those affected by pension reforms.

Further information can be found in the original study.