Government Notifies Unified Pension Scheme for Central Employees

Government Notifies Unified Pension Scheme for Central Employees

In a significant move to enhance retirement benefits for central government employees, the Union Finance Ministry has officially notified the operationalization of the Unified Pension Scheme (UPS). Set to take effect from April 1, 2025, the UPS offers a guaranteed pension, addressing longstanding demands for assured post-retirement income among federal staff. Key Features of the … Read more