Unified Pension Scheme (UPS) Implementation
The Government of India introduces the Unified Pension Scheme (UPS) for Central Government employees under the National Pension System (NPS).
Effective from April 1, 2025, existing and new employees can opt for UPS.
Contributions: 10% of basic pay matched by the government.
Enrollment forms available online from April 1, 2025.
Timely processing of applications is crucial for effective implementation.
The UPS relies on regular contributions for assured post-retirement payouts.
Compliance with regulations is mandatory for safeguarding subscriber interests.
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