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Unified Pension Scheme: How is it different from National Pension Scheme

By on August 25, 2024 0 17 Views

The Cabinet approved the Unified Pension Scheme (UPS) for 23 lakh central government employees, ensuring a pension of 50% of their last drawn salary for those serving 25 years or more. The new scheme, effective from April 1, 2025, offers post-retirement inflation-linked increments and a minimum pension of ₹10,000 for employees with at least 10 years of service.

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