The central government has launched a new pension scheme – Unified Pension Scheme (UPS) for government employees. As per this scheme, the central government employees will be entitled for50% of the average basic pay (of last 12 months) as monthly pension. The scheme will be active from 1st April 2025. The government has released the official gazette of Unified Pension Scheme. You can download PDF of this gazette by clicking on link provided below.
Guaranteed Minimum Pension
- Employees with at least 25 years of qualifying service will receive 50% of the average basic pay (of last 12 months) as monthly pension.
- Minimum guaranteed pension of ₹10,000 per month for those with at least 10 years of service.
- Proportional benefits for those between 10 and 25 years of service.
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