https://www.taxtmi.com/news?id=52119 No proposal is under consideration to restore the Old Pension Scheme for central government employees covered by NPS. The Unified Pension Scheme was introduced as an option under NPS to provide assured payouts while maintaining fiscal sustainability. UPS provides an assured payout equal to fifty percent of the twelve month average basic pay after a minimum of twenty five years' qualifying service, with proportionate payouts for shorter service, and preserves eligibility for CCS (Pension) Rules benefits on death in service or invalidation. en-us Mon, 11 Aug 2025 14:01:04 +0530 Mon, 11 Aug 2025 14:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=52119 No proposal is under consideration to restore the Old Pension Scheme for central government employees covered by NPS. The Unified Pension Scheme was introduced as an option under NPS to provide assured payouts while maintaining fiscal sustainability. UPS provides an assured payout equal to fifty percent of the twelve month average basic pay after a minimum of twenty five years' qualifying service, with proportionate payouts for shorter service, and preserves eligibility for CCS (Pension) Rules benefits on death in service or invalidation. News - Mon, 11 Aug 2025 14:01:04 +0530 https://www.taxtmi.com/news?id=52119