The Unified Pension Scheme is the new retirement scheme effective from April 1, 2025. It is for central government employees.

Under UPS, the government puts in 10% of your basic salary and dearness allowance and adds another 8.5% to your pension pot.

The “first floor” consists of the national pension plan, in which the full amount of the flat-rate basic pension is about 68,000 yen per month. The “second floor” is the employees ...

From tax-saving tools to pension plans, government schemes offer a safe route to financial freedom. Here are the top 10 ...

A traditional pension – also known as a defined benefit plan – was the norm in many workplaces, but rising costs have made them a relative rarity nowadays. “The risk just became too much ...

The New Brunswick government is ending a two-year fight with CUPE and repealing legislation that would have forced five unions into a shared-risk pension plan. The Pension Plan Sustainability and ...