Follow Us on Google News New Delhi, March 24 (IANS) From April 1, Central government employees with at least 25 years of service will be eligible for a fixed pension equal to 50 per cent of their average basic salary from the last 12 months before retirement under the new Unified Pension Scheme (UPS). The … Read more
Follow Us on Google News New Delhi, March 20 (IANS) The Pension Fund Regulatory and Development Authority (PFRDA) has officially notified the operationalisation of the Unified Pension Scheme under NPS Regulations 2025. This follows the UPS notification dated January 24, 2025, by the Centre for Central government employees covered under the NPS. The regulations will … Read more
Follow Us on Google News Chandigarh, March 17 (IANS) Haryana Chief Minister Nayab Singh Saini, who laid the Budget for 2025-26 on Monday, said on the lines of the Unified Pension Scheme notified by the government of India, state government employees will also be given its benefit. The Chief Minister, who also holds the portfolio … Read more
Follow Us on Google News Bhopal, March 14 (IANS) Responding to the debate on Motion of Thanks to Governor’s speech on the Budget session of the Madhya Pradesh Assembly on Thursday, Chief Minister Mohan Yadav said that women beneficiaries under the Ladli Behna scheme, if engaged in textile or readymade garment industry will receive Rs … Read more
Chennai, Feb 24 (IANS) Tamil Nadu government employees, including members of the Joint Action Council of Tamil Nadu Teachers Organisation and Government Employees Organisation (JACTO-GEO), have given the state government until 8 PM on Monday to respond to their demands. The employees, who have threatened to go on strike from Tuesday, set the deadline after … Read more
Mumbai, Feb 22 (IANS) India’s pension assets under management (AUM) is expected to reach a massive Rs 118 lakh crore by 2030, with the National Pension System (NPS) likely to constitute approximately 25 per cent of this total, according to a new report. The NPS private sector AUM has experienced substantial annual growth, increasing by … Read more
Bengaluru, Feb 20 (IANS) Karnataka Deputy Chief Minister D.K. Shivakumar on Thursday said that the state government would take necessary steps to implement the Old Pension Scheme (OPS) after studying the report of a committee looking into it. Speaking at the conference of office bearers of the State Government Employees Association, he said: “A committee … Read more
New Delhi, Feb 1 (IANS) The Union government allocated over Rs 6.81 lakh crore to the Ministry of Defence (MoD) on Saturday and further increased the defence pension by 14 per cent. An official of the MoD said that In pursuance of Prime Minister Narendra Modi-led government’s vision of ‘Viksit Bharat @ 2047’, with technologically … Read more
New Delhi, Jan 26 (IANS) The Union Finance Ministry has notified the operationalisation of the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central government employees with effect from April 1, which will ensure them guaranteed retirement benefits. “The Unified Pension Scheme shall be applicable to such Central Government … Read more