government pension

Unified Pension Scheme: Who all will qualify for 50% guaranteed pension under UPS from April 1

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Unified Pension Scheme: Who all will qualify for 50% guaranteed pension under UPS from April 1

The Centre is set to introduce the Unified Pension Scheme (UPS) on April 1, providing a fixed pension security to central government employees. Designed within the framework of the National Pension System (NPS), UPS aims to give a guaranteed pension, particularly beneficial for those employees seeking a stable post-retirement income. Central government employees who are … Read more

Unified Pension Scheme (UPS): How it might stand out to be more beneficial than other schemes at retirement

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Unified Pension Scheme (UPS): How it might stand out to be more beneficial than other schemes at retirement

The newest pension scheme for the government employees — Unified Pension Scheme’s primary objective is to consolidate various pension systems existing in the country into a unified framework. The initiative serves as a clear demonstration of PM Narendra Modi’s steadfast dedication to driving reform efforts that promote sustainable fiscal practices and safeguard the welfare of … Read more