Acting President Choi Sang-mok on Tuesday called for the swift implementation of major reforms to the national pension system ...

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...

Indian citizens aged between 18 and 70 years of age. After retirement, up to 60% of the corpus can be withdrawn as a lump sum amount, while the remaining 40% can be used for buying an annuity plan.

Both current and future Central Government employees covered under the National Pension Scheme (NPS) have the option to choose between the Unified Pension Scheme (UPS) or continue with the existing ...

As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...

NPS offers significant tax benefits to encourage long-term retirement savings. Under Section 80 CCD (1), you can claim a tax ...

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

Parties clash over pension reform committee formation amid stalled discussions Debates intensify as political factions ...

The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from April 1, 2025. Under this program, central government employees under the ...