Delhi News Today: Central Govt Employees Push for Unified Pension Scheme Across States
Central Govt Employees Advocate for UPS Implementation
In a significant move, central govt employees in Delhi are urging states to adopt the Unified Pension Scheme (UPS), which could benefit over 23 lakh employees across the nation. Supporters argue that with the current political landscape, it’s essential that political parties do not politicize this vital issue.
The Benefits of UPS Over OPS
Many employees have expressed satisfaction with the UPS, given that it encompasses approximately 90% of the Old Pension System (OPS). Shiv Gopal Mishra from the All India Railwaymen’s Federation stated that, “We should aim for what is practical and beneficial for employees.”
- UPS ensures a sustainable retirement plan.
- Appeals for a pension guarantee of 50% salary based on 20 years of service.
- More than eight lakh railway employees stand to benefit under the new scheme.
As the discussion evolves, both the Central and state governments are encouraged to implement this crucial financial scheme quickly to secure the welfare of government employees.
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.