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      Question

      Under the Unified Pension Scheme (UPS), what percentage

      of the average basic pay over the last 12 months does a central government employee receive as a guaranteed pension if they have completed at least 25 years of eligible service?
      A 40% Correct Answer Incorrect Answer
      B 45% Correct Answer Incorrect Answer
      C 50% Correct Answer Incorrect Answer
      D 55% Correct Answer Incorrect Answer
      E 60% Correct Answer Incorrect Answer

      Solution

      The UPS guarantees that a qualifying employee (with at least 25 years of service) will receive a pension equal to 50% of their average basic pay for the last 12 months prior to retirement.

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