Unified Pension Scheme

The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing pension schemes, offering a more equitable and efficient approach to retirement benefits.[1][2][3]

  1. ^ "Unified Pension Scheme Explained In 6 Simple Points". NDTV.com. Retrieved 2024-08-25.
  2. ^ Jigeesh, Vikas Dhoot , Jagriti Chandra & A. M. (2024-08-24). "'Unified Pension Scheme' unveiled as government backtracks on New Pension Scheme". The Hindu. ISSN 0971-751X. Retrieved 2024-08-25.{{cite news}}: CS1 maint: multiple names: authors list (link)
  3. ^ ""Will Benefit 23 Lakh Employees": Centre Launches Unified Pension Scheme". NDTV.com. Retrieved 2024-08-25.