3 days ago · The central government has announced the Unified Pension Scheme (UPS), offering it as an option under the National Pension System (NPS). The said scheme is set to be implemented from April 1, 2025. As per the official notification of the government released on January 24, “The Unified Pension Scheme shall be applicable to such central ...

2 days ago · The Central Government has notified the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central Government employees. The Pension Fund Regulatory and Development Authority (PFRDA) will oversee UPS regulations and provide operational guidelines. The scheme's effective date is April 1, 2025.

The Central Government announced a new pension scheme for government employees, the Unified Pension Scheme. Find out what is Unified Pension Scheme (UPS) is, its eligibility, and its benefits.

The Unified Pension Scheme (UPS) is a new pension scheme introduced by the Indian government. It offers a guaranteed pension to government employees, replacing the market-linked National Pension System (NPS).

4 days ago · The new system, the Unified Pension Scheme or UPS, will offer 50% of the average basic pay drawn by a federal employee over the 12 months prior to retirement provided he or she completes 25 years ...

Aug 24, 2024 · The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Unified Pension Scheme (UPS). The salient features of the UPS are: Assured pension: 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years.

The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees.

Aug 26, 2024 · What is the Unified Pension Scheme? The Modi government approved a new pension scheme on Saturday called the Unified Pension Scheme (UPS). The UPS includes provisions for a fixed pension amount, ensuring retirees receive a guaranteed and predetermined sum regularly after retirement.

Aug 24, 2024 · Unified Pension Scheme: Prime Minister Narendra Modi's Cabinet approved the Unified Pension Scheme for 23 lakh government employees, guaranteeing assured pensions, family pensions, and a minimum pension.

Aug 26, 2024 · In a key decision, the Union Cabinet on Saturday (August 24) approved the Unified Pension Scheme (UPS), ensuring government employees receive 50 per cent of their salary as pension.