Government Announces Major Benefit Under Unified Pension Scheme (UPS)

Government Announces Major Benefit Under Unified Pension Scheme (UPS)

In a significant move, the government has announced a major benefit under the Unified Pension Scheme (UPS), aiming to enhance financial security for beneficiaries and streamline pension disbursement.

 

Unified Pension Scheme The central government said that the central employees coming under the Integrated Pension Scheme will now be eligible for retirement and death gratuity benefits as per the provisions of the Central Civil Services Rules 2021. The government said that this decision brings parity in retirement benefits and was being demanded for a long time.

The central government, fulfilling an important demand of the government employees (Government Pension Announcement), said that the central employees coming under the Integrated Pension Scheme will now be eligible for retirement and death gratuity benefits as per the provisions of the Central Civil Services (Payment of Gratuity under National Pension System) Rules, 2021. The government said that this decision brings parity in retirement benefits.

Union Personnel Minister Jitendra Singh said that the new provision reflects the government's commitment to ensure social security for all categories of employees under the National Pension System.

This demand was there for a long time
A large section of government employees was demanding this for a long time, now reacting to this, Union Minister Dr. Jitendra Singh said that this step fulfills an important demand of government employees and brings parity in retirement benefits. He said that the new provision reflects the government's commitment to ensure social security for all categories of employees under the National Pension System.

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