Unified pension scheme revised: Central employees to receive OPS-like gratuity; Rs 10k minimum pension

Thursday, 19 June 2025
Central government employees under the Unified Pension Scheme (UPS) will now receive retirement and death gratuity benefits, aligning them with the Old Pension Scheme (OPS). This move, addressing a long-standing demand, aims to encourage more employees to opt for UPS, which guarantees a pension of 50 per cent of the average basic salary after 25 years of service, ensuring enhanced social security.

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One-time, one-way option for Central Government employees to switch to NPS, details here

The Finance Ministry has introduced a one-time, one-way option for Central Government employees under the Unified Pension Scheme (UPS) to switch to the NPS. The..
DNA 11 hours ago

Unified pension scheme revised: Central employees to receive OPS-like gratuity; Rs 10k minimum pension

💡 newsR Knowledge: Other News Mentions

United Parcel Service American package delivery company

One-time, one-way option for Central Government employees to switch to NPS, details here

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