[ad_1] The Cabinet meeting, chaired by Prime Minister Narendra Modi, approved the Unified Pension Scheme (UPS), aimed at providing an assured pension, family pension, and a guaranteed minimum pension for central government employees. The new scheme will be implemented from April 1, 2025. “We are proud of the hard work of all government employees who […]
Cabinet approves Unified Pension Scheme for government employees: All you need to know – CNBC TV18
[ad_1] The Cabinet on August 24, 2024, approved the implementation of the Unified Pension Scheme (UPS), a reform aimed at benefiting approximately 23 lakh government employees. The new scheme , in addition to gratuity, will incorporate a lump sum payment upon superannuation. Key features of the Unified Pension Scheme: Assured Pension : Under the UPS, […]