Before the budget, the Finance Ministry has notified the operation of the Unified Pension Scheme (UPS) as an option under the ...
The UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...
To know how much benefit the government employees will get from the Unified Pension Scheme which is going to be implemented ...
Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...
Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to ...
In the history of pension schemes, UPS is the latest addition. UPS is a pension scheme, however, here an employee has to contribute 10% of their basic pay and the DA (dearness allowance). The ...
UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a ...
The Union Finance Ministry notified the Unified Pension Scheme (UPS), aimed at providing an assured pension of 50 percent of ...
"The existing Central Government Employees under National Pension System (NPS), on the effective date of operationalisation ...
Unified Pension Scheme for Central Government employees under NPS offers lifelong benefits, including minimum pension and ...
The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...