The Union Cabinet on Saturday approved the Unified Pension Scheme (UPS). Under this, 50 percent of the basic salary will be ensured as pension for government employees. UPS has been introduced as an alternative to the New Pension Scheme (NPS) for central employees. The government will contribute 18.5 percent for the Unified Pension Scheme. It … Continue reading Centre approves ‘Unified Pension Scheme’ for govt employees