Already from April 2025, the Unified Pension Scheme (UPS) would make the retirement benefits of government employees in India very interesting. The introduction of the limit for gratuity is awaited long and said to be elevated to Rs 25 lakh. But, this may not be applicable or available to most of the government employees who … Read more
Anticipated to be launched by the indian Government with a view to laying downs the groundwork for bringing uniformity in pension benefits for all sectors is the Unified Pension Scheme (UPS) in 2025. It represents a small and timely step toward a pension system that would provide an umbrella for several schemes, which will be … Read more
Everything retirement-related could experience extreme flow changes by April 2025 with the advent of a Unified Pension Scheme (UPS, from here on), which aims to ensure financial security for employees in all sectors, while also providing another range of benefits in conjunction with a pension system. Meaning Of Unified Pension Scheme (UPS) The Unified Pension … Read more