‘U in UPS stands for govt’s U-turns’: Cong’s dig at Centre’s Unified Pension Scheme

The Congress party criticized the government’s announcement of the Unified Pension Scheme, calling it another U-turn by the Modi administration. The scheme assures a pension of 50 percent of salary for those who joined the National Pension System after January 1, 2004. It promises a minimum pension of Rs 10,000 per month after at least 10 years of service.