Unified Pension Scheme: PFRDA notifies new rules from April 1 in new financial year

Unified Pension Scheme: PFRDA notifies new rules from April 1 in new financial year

The Pension Fund Regulatory and Development Authority (PFRDA) has released regulations for the implementation of the Unified Pension Scheme (UPS) within the National Pension System (NPS). These updated guidelines, which will take effect on April 1, 2025, outline the qualifications and procedures for central government employees to enroll in UPS. Eligibility for UPS The regulations … Read more

UP approves special festival package, advance payments to state employees

UP approves special festival package, advance payments to state employees

LUCKNOW: The Uttar Pradesh government on Friday approved benefits of special festival package and advance payments, special cash package (in lieu of LTC) schemes announced by the Centre to state government employees. The decision to this effect was taken at a cabinet meeting chaired by Chief Minister Yogi Adityanath. “Keeping in view the broad objectives … Read more