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The central government employees have now more options to choose from on the pension front, as the Unified Pension Scheme (UPS) comes into effect from Tuesday ( ...
The central government has implemented the new pension scheme - Unified Pension Scheme (UPS) - for its central employees from ...
Employees of the Central Government now have the option to sign up for the Unified Pension Scheme (UPS) under the National ...
Under UPS, if you have worked for at least 25 years, you will get 50% of the average basic salary of the last 12 months before retirement as a pension. If your service is more than 10 years, you will ...
The PFRDA has notified the Unified Pension Scheme for central and state government employees. We explain all you need to know — from the date, eligibility, enrollment forms, and more.
It guarantees a minimum pension of Rs 10,000 per month for employees who complete at least 10 years of government service ...
The Pension Fund Regulatory and Development Authority (PFRDA) has introduced guidelines for the Unified Pension Scheme (UPS), effectiv ...
UPS offers a guaranteed pension for life and 60% of it for the spouse. NPS, on the other hand, allows you to withdraw 60% of ...
as the Unified Pension Scheme (UPS) comes into effect from Tuesday (April 1). The scheme was announced in August 2024 to reduce the pension liabilities on the exchequer. As of March 1, 2025 ...
The PFRDA notification clarified that the scheme will be available to those central government employees who already come under the NPS. This includes employees already in service, newly recruited ...
Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...