Employees Pension Scheme

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  Public Employees To Lose Retirement Benefits On Dismissal In New Pension Rule

  The dismissal or removal of an employee of a public sector undertaking (PSU) will lead to forfeiture of the retirement benefits, the Centre has said.

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  Finance Ministry Notifies Unified Pension Scheme For Government Employees

  The Finance Ministry on Saturday notified the Unified Pension Scheme (UPS) which promises an assured pension of 50 per cent of the average basic pay drawn over the last 12 months prior to superannuation.

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  Opinion | Unified Pension Scheme: A Mix Of New And Old

  By introducing the UPS, the central government aims to address the dissatisfaction among employees with the NPS.

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  Unified Pension Scheme: Eligibility, Minimum Amount, Key Benefits

  Unified Pension Scheme: According to Ashwini Vaishnaw, employees who have completed a minimum of 10 years of service are eligible to receive a pension under the UPS.

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  Explained: Differences Between Unified, New And Old Pension Schemes

  Union Information and Broadcasting Minister Ashwini Vaishnaw announced that the UPS will benefit 23 lakh central government employees currently under the NPS. 

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  Unified Pension Scheme Explained In 6 Simple Points

  The centre on Saturday approved the Unified Pension Scheme (UPS) for central government employees which is expected to impact 23 lakh employees, aimed at providing financial security and stability for government workers post-retirement.

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  "Will Benefit 23 Lakh Employees": Centre Launches Unified Pension Scheme

  In a big announcement ahead of assembly elections in one state and a Union Territory this year, the government has launched the Unified Pension Scheme (UPS) amid protests by several non-BJP-ruled states over the New Pension Scheme (NPS).

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  EPFO Changes Major Withdrawal Rule. Read Details

  EPFO offers several schemes, including the Employees' Provident Funds Scheme and the Employees' Pension Scheme.

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  Railway Unions Threaten To Stop Trains From May 1 If Old Pension Demand Not Met

  Several unions of railway employees and workers, who have come together under the Joint Forum For Restoration of Old Pension Scheme (JFROPS), have threatened to stop all train services across the country from May 1 if their demand to implement the Ol

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  Sikkim Restores Old Pension Scheme, Regularises Temporary Employees

  Sikkim has regularised temporary employees who have completed four years of service with the state government and those working under different government projects.

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  Karnataka Announces Old Pension Scheme Benefits For 13,000 Employees

  The Karnataka government has issued a notification to bring about its 13,000 employees, who were notified before April 1, 2006, but were appointed at a later date, under the Old Pension Scheme.

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  Global Pension Index 2023: Countries With The Best Pension System

  Globally, Netherlands took the top spot, followed by Iceland and Denmark, while Argentina was ranked last, according to the index.

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  Old Pension Scheme "Possible For Every State": Rajasthan Chief Minister

  Rajasthan Chief Minister Ashok Gehlot on Monday said the Centre will have to implement the Old Pension Scheme for employees across the country as done by his government in the state.

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  Andhra Pradesh Approves Pension Scheme, Regularisation Of 10,000 Contract Staff

  Approving Guaranteed Pension Scheme (GPS) to employees, 6,840 new government jobs and regularisation of nearly 10,000 contract employees are some of the key decisions taken by the Andhra Pradesh Cabinet

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  Himachal Government To Restore Old Pension Scheme From April 1

  The Old Pension Scheme (OPS) would be restored from April 1, 2023 in Himachal Pradesh, benefitting 1.36 lakh employees who will no longer be required to faced deductions under the National Pension Scheme (NPS).