The central government employees have now more options to choose from on the pension front, as the Unified Pension Scheme ...

Old Pension Scheme: In the old pension scheme (OPS), a government employee gets an assured pension, but if they want, they can commute their pension and get a lump sum amount at retirement or a few ...

The DWP state pension is set to rise in April 2023, but many pensioners will miss out on the triple lock increase ...

Consolidating your pensions essentially means merging your different pension pots into one, giving you a combined sum that ...

The central government has implemented the new pension scheme - Unified Pension Scheme (UPS) - for its central employees from ...

Central government employees can opt for Unified Pension Scheme (UPS) starting April 1, 2025. The scheme promises an assured ...

Under UPS, if you have worked for at least 25 years, you will get 50% of the average basic salary of the last 12 months before retirement as a pension. If your service is more than 10 years, you will ...

Subscribers can change their pension fund manager once in a financial year and investment choice twice in a financial year. This new scheme, which combines aspects of both the Old Pension Scheme ...

A. Vincent Paulraj, State coordinator, raised slogans for the abolition of the Contributory Pension Scheme (CPS) and sought the revival of the old pension scheme, ending the practice of ...

There are a number of perks available that State Pensioners can claim and some of them are not means-tested. Here's all you need to know about what can be claimed ...