Before the budget, the Finance Ministry has notified the operation of the Unified Pension Scheme (UPS) as an option under the ...

Under this new pension scheme, government employees will be required to contribute 10 per cent of their basic salary along ...

The 12-chapter draft regulation frameworks is open for stakeholder consultation and public comments till Feb. 17.

The UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...

Responding to the call of the National Executive Committee of the National Movement for Old Pension Scheme (NMOPS), the J&K ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to ...

The scheme will see a hike in the government's contribution to 18.5 per cent of the combined sum of basic pay and dearness ...

The Unified Pension Scheme (UPS) is designed to combine the key features of both the Old Pension Scheme and the New Pension ...

The Pension Fund Regulatory and Development Authority (PFRDA) may issue regulations for operationalising UPS, it said.

The Unified Pension Scheme is applicable to Central Government employees already enrolled in the NPS and will be available to ...