Prime Minister Narendra Modi-led Union government has approved the Unified Pension Scheme (UPS) for government employees. The latest scheme assures pension of 50 per cent of the basic salary for those who joined the service after January 1, 2004. Modi government says it is, by this scheme, fulfilled a long-pending demand of government employees. Employees…
Prime Minister Narendra Modi government’s decision to approve the Unified Pension Scheme (UPS) for government employees has a triggered yet another political storm with the ruling Bharatiya Janata Party (BJP) and Opposition led by the Congress party exchanging barbs over the decision. The slugfest over the decision approved on August 23 has refused to die…
Brazilian Foreign Minister Mauro Vieira. File | Photo Credit: R.V. Moorthy With hundreds stranded in Sao Paulo, India to broach topic with Brazil Minister The plight of hundreds of men and women, many of them Indian, who are stranded at an airport in Sao Paulo as they are suspected to be illegal immigrants, maybe discussed…
The cabinet has approved a Unified Pension Scheme (UPS) that promises government employees 50% of their last salary as a retiral payout, among other benefits. The main operative feature is that it assures the benefits. This is unlike the existing National Pension System (NPS) in which the contribution is defined but the benefit varies. In…
The Government of India has announced the Unified Pension Scheme (UPS), a new pension plan for employees working under the government. The new scheme will provide an assured pension scheme to benefit nearly 90 lakh pensioners under the central government. The central government launched the UPS to cater to the demands of the employees regarding…
Prime Minister Narendra Modi lauded the introduction of the Unified Pension Scheme (UPS) by the Central Government on Saturday, emphasising its role in securing the financial future of government employees. देश की प्रगति के लिए कठिन परिश्रम करने वाले सभी सरकारी कर्मचारियों पर हमें गर्व है। यूनिफाइड पेंशन स्कीम (UPS) इन कर्मचारियों की गरिमा और…
