Tag: minimum pension

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Posted in Economy

Pension in works for 8.5 million construction workers

New Delhi: The government is mulling over using the Rs 76,000 crore of corpus built from the building and construction workers’ cess to guarantee a…

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NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65.(HT File/ Representative Purpose)
Posted in Business

How is the new ‘Unified Pension Scheme’ different from NPS?

The central government on Saturday approved the Unified Pension Scheme (UPS), which guarantees an “Assured Pension and Assured Family Pension.” Announcing the Cabinet’s decisions, Information…

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An NPS compromise, finally? Centre likely to offer assured base pensions, say sources
Posted in Economy

An NPS compromise, finally? Centre likely to offer assured base pensions, say sources

The Central government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension scheme…

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