Modi 3.0 government's first 100 days coincides with Prime Minister Modi’s birthday on september 17
This move is expected to address widespread dissatisfaction with the New Pension Scheme (NPS) and provide a more stable retirement benefit for government employees.
NEW DELHI: The Union Cabinet has approved the Unified Pension Scheme (UPS) for Central government employees. The new scheme is set to benefit approximately 23 lakh employees, providing them with the option to choose between the existing National Pension Scheme (NPS) and the newly introduced UPS. Union Minister Ashwini Vaishnaw outlined the key features of the […]