India  
 
NewsR.in

Good news for govt employees, this state becomes first to implement Unified Pension Scheme

DNA Monday, 26 August 2024
Employees under the National Pension Scheme (NPS) who opt for UPS will be eligible for an assured pension of 50 per cent of their average basic pay over the last 12 months before retirement.
0
shares		ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

National Pension System Pension scheme in India

After mutual funds push, new body set up to promote NPS

 A new self-regulatory body, the Association of NPS Intermediaries, has been launched in Mumbai to boost the Indian pension industry. PFRDA chairman Deepak..
IndiaTimes

You Might Like


Related videos from verified sources

Unified Pension Scheme: A Balanced Approach to Economic Stability| Oneindia [Video]

Unified Pension Scheme: A Balanced Approach to Economic Stability| Oneindia

The Modi government has introduced the Unified Pension Scheme (UPS), designed to secure the financial future of government employees while maintaining economic stability. Unlike the Old Pension Scheme..

Credit: Oneindia     Duration: 04:01Published

Related news from verified sources

NPS Partial Withdrawals: Is It Possible To Draw Part Money Before Retiring? Check Conditions, Tax Benefits

 The Indian government introduced the National Pension System (NPS), a pension cum investment plan to give people security for their old age. The Pension Fund...
Zee News

NPS vs EPF: Which Investment Plan Suits Your Retirement Goals?

 For many investors who are eagerly searching for a best investment plan after retirement, a strategic combination of NPS and EPF with voluntary contributions...
DNA

Old Pension Scheme: No Proposal To Increase Time Limit For Employees To Switch From NPS To OPS, Says Govt

 NPS is mandatory for all new recruits in the central government service from January 1, 2004 (except the armed forces), Union Minister of State for Personnel...
Zee News Also reported by •DNA