When will 23 lakh employees benefit from the new scheme? Know the big decision of the government Govt Employee New Scheme 2025 – StudyToper

Central government from April 1, 2025 Unified Pension Scheme (UPS) Has announced to implement. This scheme will benefit about 23 lakh central government employees, which already National pension system (nPS) Come under The purpose of UPS is to provide financial security to employees after retirement.

There are many attractive benefits in this new pension scheme, such as a fixed monthly pension, economic security for the family, and an increase in pension keeping in mind the inflation. The UPS is being seen as a better option between NPS and Old Pension Scheme (OPS).

Let’s know about the main features, eligibility, contribution system and other important aspects of this scheme.

What is Unified Pension Scheme (UPS)?

Unified pension scheme There is a new pension scheme that has been introduced to central employees. The scheme is made to replace NPS and many improvements have been made. Under the UPS, employees will be given fixed pension on the basis of their service period and final salary.

Key features of the scheme

1. Fixed monthly pension: Under UPS, employees will get 50% of their last 12 months average basic salary as pension.
2. Family Pension: On the death of the employee, his family will get 60% pension.
3. Inflation index: Keeping in mind the inflation rate, the pension amount will be increased from time to time.
4. Minimum pension: Employees who have completed 10 years service will get ₹ 10,000 monthly minimum pension.
5. Lump even payment: Lump sum amount will also be given on retirement.

Which can take advantage of UPS?

UPS will get the benefit of three categories of central employees:

1. Current Employees: Those who are working under NPS till April 1, 2025.
2. New recruitment staff: Those who will join the service on 1 April, 2025 or then.
3. Retired Employees: Those who have retired under NPS and are eligible to choose UPS.

Qualification and contribution system

Ability

• The employee choosing UPS will have to complete at least 10 years of service.
• 25 years of service is mandatory to get full pension.
• If the employee has taken retirement under NPS, he can choose the option of UPS.

Contribution system

This contribution is more than NPS, where the government used to contribute only 14%.

UPS vs NPS: Comparison

How to connect with UPS?

The enrollment process in UPS is made simple and convenient.

1. Online Application: Employees Protean Cra Portal You can apply by going to.
2. Offline application: You can submit the form in the related offices.
3. Time frame: The last date for choosing UPS is 30 June 2025.

Benefits of UPS

For employees

• Ensured income after retirement.
• Prevention of inflation.
• Financial security for family.

For government

• To increase the trust of employees.
• Ensuring more stability and transparency.

Important point: Summary of Planning

conclusion

Unified pension scheme Has brought a big relief for central employees. The scheme not only removes the concern of their retirement but also provides financial security to their families. The UPS has introduced a strong and reliable option, removing the shortcomings of NPS.

Employees are advised to take advantage of this scheme in time and ensure their future financial stability.

Disclaimer

This article has been written only to provide information. To understand all the conditions and terms related to UPS, it is necessary to read the concerned government notification. Take the decision to choose UPS carefully as it cannot be changed later.