Beginning this April 1, the government is set to launch and implement the Unified Pension Scheme (UPS), thereby bringing various benefits to workers across sectors. It takes reform in pension legislation to promote superior financial security between government and private sector employees. The standardized structure of pension under UPS is expected to widen the scope … Read more
The government of India intends to extend a Unified Pension Scheme for central government employees under which retired employees may be able to draw 50 percent of the last salary drawn by them as pension to live comfortably post-retirement in a financially secured environment. What Is The Unified Pension Scheme? The Unified Pension Scheme is … Read more
Unified Pension Scheme: A piece of good news has come across for all government employees, as the government is going to launch yet another scheme to secure the employees’ future. The date of implementation of the new scheme will be from 1st. This new scheme is especially for pensioners, designed by the government. It comes … Read more