Unified Pension Scheme (UPS) notified for govt staff: Eligibility, what’s new
The Pension Fund Regulatory Authority of India (PFRDA) has notified that the Unified Pension Scheme (UPS) for central authorities staff will change into operational from April 1, 2025. The UPS guarantees to provide authorities staff an assured pension of fifty% of their common fundamental pay drawn over the previous 12 months, previous to superannuation.(Reuters) Because…