Question
What is the minimum pension amount per month for
employees with at least 10 years of service , under the newly notified Unified Pension Scheme (UPS) which will be effective April 01, 2025?Solution
On 24 August 2024, the government announced a new employee pension scheme, the  Unified Pension Scheme (UPS) , effective from 1 April 2025. Currently, all government employees are covered under the  National Pension Scheme (NPS) , which provides a pension based on market-linked investments. Before 2004, all government employees received pensions under the  Old Pension Scheme (OPS) . In 2004, the government introduced the NPS and discontinued the OPS. The government received a backlash from employees for discontinuing OPS. Thus, the government announced the UPS to provide assured pension amounts. However, only employees who are currently subscribers of the NPS, including retirees, can opt for the UPS.  Features of UPS  \
A owes B Rs 1000/- but the debt is barred by the Limitation Act. A sign a written promise to pay B Rs 500 on account of debt:
Under the Occupational Safety, Health and Working Conditions Code , what are the conditions for a worker to be entitled to leave with wages in a calend...
Is there any condition restraining alienation in Transfer of Property Act?
What are the various ground on the basis of which RBI may cancel a licence granted to a banking company?
As per the IBC Insolvency Commencement date means___________________
As per S.8 of the Indian Evidence Act, 1872 which of the following is covered?
Which one of the following sections of Indian Evidence Act deals with relevancy of opinion as to digital signature?
Section 10 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, deals with which of the fo...
Ownership is the ______ recognition of a claim
Who establishes the Data Protection Board of India?