Govt Notifies Unified Pension Scheme for Government Employees, To Be Effective From April 1, 2025

Govt Notifies Unified Pension Scheme for Government Employees, To Be Effective From April 1, 2025

Last Updated:January 25, 2025, 18:36 IST This Unified Pension Scheme (UPS), which combines aspects of both the Old Pension Scheme (OPS) and the National Pension System (NPS), aims to provide employees with a guaranteed pension, offering financial stability and dignity after retirement. Unified Pension Scheme: Know Eligibility, Benefits, Payout Calculation, Other Aspects. In a landmark … Read more

Atal Pension Yojana: FM: Atal Pension Yojana offers best guaranteed minimum 8 percent return

Atal Pension Yojana: FM: Atal Pension Yojana offers best guaranteed minimum 8 percent return

Finance Minister Nirmala Sitharaman said Tuesday that Atal Pension Yojana or APY has been designed as an affordable scheme with a guaranteed pension amount. In a post on X, Sitharaman noted that the scheme has given 9.1% since inception, which is quite competitive even compared with other saving schemes. “Any upside above assured pension is … Read more