#UPS скачать в хорошем качестве

#UPS

   • NPS അക്കൗണ്ട് തുടങ്ങാൻ ആഗ്രഹിക്കുന്നവർക്കു...   Criteria for ₹10,000 Minimum Pension 1. Minimum Qualifying Service: The employee must have completed at least 10 years of qualifying service at the time of superannuation. 2. Regular Contributions: Both the employee and the government must have made timely and regular contributions to the pension fund throughout the service period. 3. No Premature Withdrawals: There should be no premature withdrawals from the National Pension System (NPS) account during the service tenure. 4. Opting into UPS: The employee must have opted into the UPS, transitioning from the existing NPS framework. If these conditions are satisfied, the employee is assured a minimum monthly pension of ₹10,000 upon retirement. 📌 Additional Details Proportional Pension for Service Between 10–25 Years: For employees with service tenure between 10 and 25 years, the pension amount is calculated proportionally based on the years of qualifying service. Full Pension for 25+ Years of Service: Employees who have completed 25 years or more of qualifying service are eligible for a pension equivalent to 50% of the average basic pay drawn over the last 12 months prior to retirement. Inflation Protection: The pension amount is subject to Dearness Relief (DR), ensuring protection against inflation. DR is calculated in the same manner as the Dearness Allowance for serving employees. Family Pension: In the event of the pensioner's demise, the legally wedded spouse is entitled to receive a family pension amounting to 60% of the pension that the retiree was receiving immediately before death. The Unified Pension Scheme is set to be operational from April 1, 2025. under the Unified Pension Scheme (UPS), the Government of India has officially increased its contribution from 14% to 18.5% of the employee's basic pay plus Dearness Allowance (DA). This enhancement aims to provide a more stable and assured pension to central government employees. 🔹 Breakdown of Contributions under UPS Employee Contribution: 10% of Basic Pay + DA Government Contribution: 18.5% of Basic Pay + DA This is an increase from the previous 14% government contribution under the National Pension System (NPS). The additional 4.5% is directed towards a separate pooled corpus to support the assured pension benefits. 🔹 Purpose of the Increased Government Contribution The enhanced 18.5% government contribution is structured to fund the guaranteed pension benefits under UPS, which include: Assured Pension: 50% of the average basic pay drawn over the last 12 months prior to retirement, for employees with at least 25 years of qualifying service. Minimum Pension: ₹10,000 per month for employees with a minimum of 10 years of qualifying service. Inflation Protection: Pensions are subject to Dearness Relief (DR), ensuring protection against inflation. The additional 4.5% contribution by the government is allocated to a separate pooled fund, distinct from the individual pension accounts, to ensure the sustainability of these assured benefits.