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The unified pension system is already subject to NPS, and it is notified that the UPS option is applied to the central government staff who “select”, and workers need to actively join UPS. It is shown.
“Existing central government officials based on the National Pension System will select or continue the unified pension system option based on the National Pension System, as well as future central government officials on the operation start date of the integrated pension system option. You can also select the unified pension system with the national pension system.
For those who exercise the UPS options, the retirement allowance is composed of two funds. The first is an individual coat that matches the contribution of employees and the contribution of the central government through its occupation, and the second is the pool coat that includes additional central governments.
According to the official instructions that described this plan, employees who exercise UPS options based on NPS, eligibility to gain other insurance contracts, change insurance contracts, and to obtain financial rights. He emphasized that it was clearly clarified that there was no claim. Subsequent benefits including retirement, equality with retired people after that.
The UPS, which was announced in late August, was formulated by the high -level committee led by the former Secretary of Finance and Secretary of Cabinet Cabinet Secretary of Cabinet Cabinet Secretary of Cabinet Cabinet Cabinet Secretary of Cabinet.
The government has announced that the already retired employees, who have been eligible for NPS, will be UPS. According to a formal notice, the Pension Fund Regulation Development Agency (PFRDA) will determine the mechanism to make the UPS selected a mechanism that enables the additional amount compared to the payment amount under NPS. 。
In August 2024, the NDA government withdrew 21 years to reform the Indian civil servant pension system, which was boldly introduced by the Atal Vahari Virgi Pai administration. Instead, the old pension system (OPS) announced a new “Unification Pension System” (UPS), which is substantially similar, and monthly benefits over 50 % of the last paid to public servants. Guarantee as.
UPS, which was approved by the Union Cabinet on Saturday, also raised regular dear relief to civil servants in accordance with inflation, a family pension equivalent to 60 % of the public servant pension, and retirement at the time of retirement. The payment of gold is guaranteed. In addition to the remarks at the time of retirement. In addition, those who have completed at least 10 years of working in the central government promise a minimum of 10,000 pensions per month.
issued -The 6:48 pm on January 25, 2025 (IST)
