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Август
2024

UPS: The perfect fusion of NPS and OPS? Here's what government says

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The Unified Pension Scheme (UPS) provides retirees with a fixed pension amount, ensuring a steady, predetermined income after retirement. Central government employees with 25 years or more of service will receive 50% of their last drawn salary from the past 12 months as their pension, which will be adjusted for inflation. Employees with at least 10 years of service will receive a proportional pension, with a guaranteed minimum of ₹10,000 per month.



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