Before the budget, the Finance Ministry has notified the operation of the Unified Pension Scheme (UPS) as an option under the ...

Under this new pension scheme, government employees will be required to contribute 10 per cent of their basic salary along ...

British finance minister Rachel Reeves will later this week announce plans to allow corporate pension scheme surpluses worth ...

The UPS was approved by the Union Cabinet on August 24, 2024 for nearly 23 lakh central government employees and aims to ...

The government wants to let companies use extra final salary scheme funds to boost the economy but there are risks involved.

The scheme will see a hike in the government's contribution to 18.5 per cent of the combined sum of basic pay and dearness ...

Employers and trustees of well-funded schemes will be allowed to strike new deals to permit 'surplus extraction' and unlock ...

The National Pension System (NPS) carries a tax-exempt status, which is classified under the EEE (Exempt-Exempt-Exempt) ...

Following the vote, Angela Madden, Chair of the WASPI campaign, said: “The House of Commons has just voted to compensate ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

The Bank of England (BofE) has announced that applications are now open for the Contingent Non-Bank Financial Institution ...

Unified Pension Scheme for Central Government employees under NPS offers lifelong benefits, including minimum pension and ...