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
Announced by the government recently, the Universal Pension Scheme is believed to be a blessing to many members of society. As a result of the new amendment, the pension system has been widened and includes more beneficiaries who previously fell out. The intent behind this mechanism is to provide financial security to a larger section … 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