Modi Government Introduces UPS: 50% Pension After 25 Years, No OPS/NPS
The Modi government has made a significant announcement regarding pension schemes. In a cabinet meeting held today, the Unified Pension Scheme (UPS) has been approved to replace the Old Pension Scheme (OPS) and the New Pension Scheme (NPS). This new scheme is aimed at providing full pension benefits to employees who serve in their positions ...