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Centre notifies new rules for UPS: What are they; check details here

13 0
15.09.2025

Kolkata: The Unified Pension Scheme, or UPS, guarantees a minimum pension for the employees of the Central government. It also guaranteed a monthly pension that is half of the last drawn salary of an employee. The government thought that it would attract a large number of its employees but was surprised to find only a handful responding to the new scheme. Central government employees under the NPS will now get one-time option for inclusion under the UPS and a one-time, 0ne-way switch from UPS to NPS. That was one of the reasons that motivated the notification.

UPS is an alternative to the National Pension System which has been in operation for the past several years. Apart from having the provision of assured pension, it is indexed to the inflation, is predictable and benefits continue for the survivours of the........

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