Last Updated:March 02, 2025, 14:55 IST The Unified Pension Scheme offers Central Government employees a minimum payout of Rs 10,000 per month after retirement from 1 April 2025. UPS Calculator: Simple guide to calculate your retirement payout. UPS Calculator For Government Employees: The Unified Pension Scheme (UPS) has been introduced as an option under the…
Last Updated:February 28, 2025, 12:13 IST The Indian government introduced the Unified Pension Scheme (UPS) for central government employees, effective April 1, 2025. UPS offers assured payouts based on the last drawn salary. NPS Vs UPS comparison as latter becomes effective from April 01. NPS Vs UPS Comparison: The Indian government has introduced an option…
Expenditure secretary Manoj Govil is hopeful that capital spending will gather pace and said the signs are visible already. In an interview to TOI he also said the 8th Pay Commission should be in place by April. ExcerptsCapex was lower than the budgeted level this year. One of the reasons was that Budget was approved…
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…
Last Updated:January 25, 2025, 18:36 IST This Unified Pension Scheme (UPS), which combines aspects of both the Old Pension Scheme (OPS) and the National Pension System (NPS), aims to provide employees with a guaranteed pension, offering financial stability and dignity after retirement. Unified Pension Scheme: Know Eligibility, Benefits, Payout Calculation, Other Aspects. In a landmark…
