Unified Pension Scheme: What You Need to Know About the Centre's Approval

Saturday, 24 August 2024, 07:40

Unified Pension Scheme is now approved by the Centre, providing critical benefits for government employees. This significant change takes effect from April 1, 2025, allowing employees to choose various options for pensions and family benefits.
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Unified Pension Scheme: What You Need to Know About the Centre's Approval

Key Features of the Unified Pension Scheme

The Unified Pension Scheme offers government employees a comprehensive array of benefits aimed at improving their financial security post-retirement.

Eligibility Criteria

  • Applicable to all current government employees.
  • Pension options available from April 1, 2025.
  • Family benefits included for eligible dependents.

Benefits Breakdown

  1. Increased Pension Amounts: Enhanced pensions based on years of service.
  2. Flexible Options: Employees can choose between defined benefit and defined contribution schemes.
  3. Family Security: Comprehensive family benefits ensure financial support for dependents.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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