Tag: voluntary retirement scheme
Posted in Economy
Employees entitled to assured payout on pro rata basis on VRS after 20 yrs service or more: Govt
Central government employees are entitled to “assured payout on pro rata basis” on opting for voluntary retirement after completion of service of 20 years or…
Posted in Economy
Central govt employees can take VRS after 20 years but full assured payout will be given only after 25 years of service under UPS
The Department of Pension and Pensioners’ Welfare on Tuesday notified the CCS (Implementation of UPS under NPS) Rules, 2025. Under the new rules, Central Government…
Posted in Economy
With just 35,000 subscribers, govt pins hopes on new pension rules
With just about 35,000 of over 23 lakh eligible central government employees having switched so far to the Centre’s flagship Unified Pension Scheme (UPS), the…