Unified Pension Scheme Rules Notified for Government Staff

NEW DELHI: The Pension Fund Regulatory & Development Authority (PFRDA) has officially announced the operationalization of the Unified Pension Scheme (UPS), set to commence on April 1, 2025. This pivotal move guarantees a pension amounting to 50% of the average basic pay earned during the last 12 months before retirement for central government employees under the National Pension System (NPS).

Following the UPS notification dated January 24, 2025, by the government, this scheme marks a significant advancement in securing the financial future of government employees post-retirement.

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