
UPS offering assured payouts for central govt staffers notified – The Times of India
NEW DELHI: Centre has notified Unified Pension Scheme for central govt employees, offering assured payouts, along with inflation adjustments, to those who complete 25 years or more of service. Employees have been given a one-time option to switch to the UPS, which will come into effect in April. In the 25 year-plus category, the payout…