close_game
close_game

pension fund regulatory and development authority news

Latest from pension fund regulatory and development authority

Unified Pension Scheme (UPS) for govt employees: Eligibility, what’s new

The PFRDA has notified that the Unified Pension Scheme (UPS) for central government employees will become operational from April 1, 2025.

The UPS promises to give government employees an assured pension of 50% of their average basic pay drawn over the past 12 months, prior to superannuation.(Reuters)
Published on Mar 24, 2025 05:11 PM IST

Centre notifies unified pension scheme for employees

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or she completes 25 years of service

he UPS will take effect on April 1, 2025. (Representational image)
Updated on Jan 25, 2025 10:40 PM IST
ByRajeev Jayaswal

Rajasthan to amend notification for return of govt’s contributions to NPS

The state government is considering approaching the Pension Fund Regulatory and Development Authority, which regulates the NPS, for the return of its contribution of about ₹14,000 crore

Chief minister Ashok Gehlot-led Rajasthan government was the first to restore OPS in April 2022. (PTI)
Updated on Apr 20, 2023 04:41 PM IST
SHARE
Story Saved
Live Score
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, May 08, 2025
Follow Us On