The Indian government has notified the Unified Pension Scheme (UPS), promising an assured pension of 50 per cent of the ...
The UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...
Before the budget, the Finance Ministry has notified the operation of the Unified Pension Scheme (UPS) as an option under the ...
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 ...
The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...
Unified Pension Scheme for Central Government employees under NPS offers lifelong benefits, including minimum pension and ...
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 ...
The 12-chapter draft regulation frameworks is open for stakeholder consultation and public comments till Feb. 17.
Responding to the call of the National Executive Committee of the National Movement for Old Pension Scheme (NMOPS), the J&K ...
UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a ...