Unified Pension Scheme: Centre Announces New Pension Scheme, Employees To Get Assured Minimum Fund

The Centre on Saturday announced a new pension scheme called the Unified Pension Scheme (UPS) in which government employees will get assured pension, family pension and assured minimum pension. The new pension scheme will come into force from April 1, 2025.

The scheme, approved by the Union Cabinet today, guarantees a pension of 50 per cent of the average basic pay drawn over the last 12 months, provided the employee has completed a minimum of 25 years of service. For those with lesser service, the pension will be proportionate.
#unifiedpensionscheme #pensionscheme #newpensionscheme #government #bjp #ashwinivaishnaw #pmmodinews #indiatoday

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[Dr_Biswarup_Music]

Private sector employees also pay same Tax to GOVT and also do "Desh ke Seva". Then why not getting PENSION.

[brksk]

At the same time, dismiss those government employees immediately who take bribes.

[satinathmaity]

As nothing for private sector employees then stop deducting EPF and EPS. We ourselves will look after our social security.

[ramanaraonookala]

Further all politicians are getting thousands of rupees as multiple pensions by mere 5 years elected that too without any contribution. Is ot not called misappropriation of authority by them?

[lndivakar]

Private employees are the biggest tax payers of this country. They get 👎 and as bonus, increase in STCG, LTGC, sur charge, cess. By any chance your salary cross 50 lacs, extra surcharge on tax. Reminders to pay advance tax to avoid penalty interest. All bumper offers for middle class. Pension for ever for the lifetime of the govt employee, lifetime pension for the dependent spouse forever. And we private employee earn for their retirement. Whatever provident fund we save, am 100% sure by the time we retire, that will be brought under taxable income.

Also let’s not call it unified pension scheme. It is government employee pension scheme. Unified should be inclusive of private employees which is not the case

[vathsalaramachandran]

i worked in a private school for 20 yrs. when i took v r s. my salary was 4000 rs only. i worked sincerely without availing monthly c leave even. Thanksto Jayalalitha mam, minimum pension scheme was announced& i got around 900 rs as pension. my present pension is 1000& odd. Govt employees ( retired) are drawing around 25 to 30000 , even more. iam 70 plus (B A. B ED), earned a creditable name among students

[narasimhauppala]

What about the person scheme for private employees? Govt should not discriminate the people who work under Govt & Private. All are the people of india.

[shyamlalpal]

सारा खजाना सरकारी कर्मचारियों में बांट दो । हम प्राइवेट कंपनियों में काम करने वाले दस हजार रुपए कमाने वाले कोई इंसान थोड़े ही हैं । सारी सुख सुविधाएं सरकारी कर्मचारियों को दे दो ।

[eraiyanbuvetrivel]

I came to india today for english news but they too are not explaining in english.

[prasadkdr]

What about long pending EPS pension hike for private employees? Most of them are getting only Rs.1, 000 p.m.

[VRajamani-mg]

Only govt. employees r working? I retired in the yr 2010, ftom that yr, uptil now pension remains the same EPS 95, must kindly look after this, neither DA nor any increase was done in this fourteen yrs

[rskatoch]

Employee who joined before 2004 are eligible for pension under ops. Those joining after 2004 will be eligible for full pension under UPS after 25 years i.e 2029. Cleverly introduced.

[sandeepreddy]

What about eps pensioners they are 40 lakhs retired people getting only 1000 rs shame on u.

[mpallim]

Please return back complete 100% NPS savings of to Govt employees till date🙏

[ramanaraonookala]

EPS members are treated worse than Old age Pensioners under Social Security Scheme who are getting ₹3000/- wholly born by Govt without collecting a single rupee from them where as from EPS members 8.33% of employers contribution is taken by EPFO & nil contribution by either state or Central Govts. What a hasty partiality? Is it called the justice?

[sudeshchandraagarwal]

Great step forward towards pragmatism, welfare.

[RKSingh-rnuh]

What about EPS 95 Pension .Apex court has given clear verdict on this but now EPFO is asking pensioners to produce option form submitted by them years back and service record including details of contribution made by the pensioners where as all the details and documents are available with them . EPFO has recently issued circulars to the concerned employers to submit the required details other wise claim will be rejected. I am retired from National Seed Corporation Limited on 31.07.2019 and getting pension Rs.2939.00 per month. As per Apex court verdict I have submitted option form etc to EPFO online and offline but now EPFO, through my employer (NSCL), has demanded deduction details and old option from. Now only hope is from the opposition leaders, who may intervene into the issue of more than 75 lakhs EPS 95 pensioners .They have seen that Modi Government has become deaf & dumb .

[rapakavijayprabhakararao]

What about EPS 95 minimum pension increase. Please look into this

[rajappamr]

Union government, eney one employes privets or government workers tax deduction one person's Rs Tds *Numbers years 30 year. Calculate Rs after 60 year Retired of services govt paid 90000/ pension ok 2024

[tapk]

We can see givt babu values during small rain in gujrat after Mumbai. Last year we saw in Himachal ….. It’s great to see our baby’s working hard