The Government of India released the gazette of the Unified Pension Scheme on the eve of Republic Day. Employee organizations ...
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 ...
The 12-chapter draft regulation frameworks is open for stakeholder consultation and public comments till Feb. 17.
Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...
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 Unified Pension Scheme (UPS) is designed to combine the key features of both the Old Pension Scheme and the New Pension ...
Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to ...
A panel constituted to draft the standard operating procedure for the implementation of the OPS will study the new scheme notified by the Union govt last week ...
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 ...