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Unified Pension Scheme News

Unified Pension Scheme

25 Aug 2024

Modi Cabinet approves Unified Pension Scheme, Politics Erupts

Unified Pension Scheme

25 Aug 2024

‘U Stands For Modi Govt's U-Turn': Kharge Hits Out At Centre Over UPS

Congress leader said that after June 4 the power of the people has prevailed over the arrogance of the Prime Minister's authority.

Unified Pension Scheme

25 Aug 2024

‘Unified Pension Scheme’ Vs NPS? Key Differences Explained

Retirees receive 50 per cent of their average basic pay from the last 12 months of service if they have at least 25 years of service.

Unified Pension Scheme

25 Aug 2024

Unified Pension Scheme: From Inflation Protection To Family Pension Benefit

Prime Minister Narendra Modi's Cabinet introduced the Unified Pension Scheme (UPS), starting April 1, 2025. Combining the best features of the Old Pension Scheme (OPS) and the National Pension Scheme (NPS), it will provide guaranteed pensions, family pensions, and minimum pensions to 23 lakh government employees. Here are the key benefits of the new scheme.

Unified Pension Scheme

24 Aug 2024

Unified Pension Scheme For Central Govt Employees: PM Modi Hails UPS, Says...

Around 23 lakh Central government employees stand to benefit from the Unified Pension Scheme. These employees will now have the option to choose between the New Pension Scheme (NPS) and the Unified Pension Scheme.

Unified Pension Scheme

25 Aug 2024

NPS Transformed Into Unified Pension Scheme: 23 Lakh Govt Employees To Benefit

If an employee has worked for at least 25 years, they will receive a pension of at least 50 percent of their average salary from the last 12 months before retirement.

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