Government Approves Unified Pension Scheme (UPS); Assured Pension For Central Government Employees
The Union Cabinet has approved Unified Pension Scheme (UPS) for central government employees, set to take effect on April 1, 2025.
central government-employees
Good News For Central Govt Employees! Retirement, Death Gratuity Raised; Check Details
Retirement gratuity and death gratuity depend on the last basic pay drawn and the length of service rendered by the employee.
Only 76 Of Over 17,000 Companies In North East Opted For NPS So Far: PFRDA Chairperson Deepak Mohanty
Sharing the national figures, Mohanty said 144 lakh employees, including 90 lakh government ones, have enrolled under the National Pension System (NPS) so far.
No Proposal To Restore Old Pension For Central Govt Employees: MoS Finance Pankaj Chaudhary
There are 67.95 lakh central government pensioners, and defence constitutes the highest share, with around 33.87 lakh.
What Retirement Benefits Do Central Government Employees Receive?
Central government employees receive various retirement benefits for financial security, from monthly pensions to healthcare. Learn more
NPS Withdrawal Rules Changed For Central Government Employees
Government sector subscribers will not be allowed to partially withdraw from their NPS account through self-declaration. They will have to mandatorily make such partial withdrawal requests through their associated nodal offices, according to a circular by the Pension Fund Regulatory Development Authority
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