UPS: Employees in the government sector opting for the Centre's newly introduced Unified Pension Scheme (UPS) can look forward to significantly enhanced pension benefits, thanks to an increase in the ...
The Cabinet on Saturday approved the Unified Pension Scheme (UPS) for 23 lakh central government employees. The UPS ensures that all central government employees receive 50 per cent of their last ...
The Union Cabinet, led by Prime Minister Narendra Modi, approved the Unified Pension Scheme (UPS) for government employees, a significant move that promises an assured pension for the country’s ...
Following the criticism of the National Pension Scheme, the government on Saturday, August 24, approved the Unified Pension Scheme (UPS), which will come into effect in the next financial year ...
Assured Pension: Under the Unified Pension Scheme (UPS), the fixed pension amount awarded will be 50% of the average basic pay received during the last 12 months before retirement for individuals ...
Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS?
1. Basis of calculation of assured pension changes: Both the UPS and OPS offer assured pensions to government employees. However, there is a difference between the two schemes in how pensions are ...
Unified Pension Scheme: In a significant decision impacting lakhs of employees, the Bharatiya Janata Party (BJP)-led central government today (August 24) approved the Unified Pension Scheme (UPS ...
We thank Norfund and I&M Bank for their support in this venture.” Kim-Fay is licensed in Kenya to manufacture, market, and distribute products for Kimberly-Clark, an American-based producer of ...