How Is New ‘Unified Pension Scheme’ Different From 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.
Aug 25, 2024, 15:45 PM IST
Unified Pension Scheme: From Inflation Protection To Family Pension Benefit– Know Key Features
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.
Aug 25, 2024, 14:13 PM IST