How Is New ‘Unified Pension Scheme’ Different From NPS? Key Differences Explained | Economy News

New Delhi: The central government introduced the Unified Pension Scheme (UPS) which is designed to offer better retirement security for government employees. Information and Broadcasting Minister Ashwini Vaishnaw announced that under this new scheme employees will receive an “Assured Pension” equal to 50 per cent of their average basic pay from the last 12 months […]

New Simplified Pension Form Launched For Retiring Central Government Employees— Details Here | Economy News

New Delhi: Union Minister Jitendra Singh announced a major update on Friday with the launch of a new simplified pension application form for retiring central government employees. The new Form 6A combines nine different forms into one form which makes the process easier and more efficient for retirees. The launch was conducted via video conference. […]