Central Government Employees Under UPS Now Eligible for Gratuity Benefits Similar to Old Pension Scheme:
The Central Government has implemented significant updates to the gratuity and pension regulations for its employees particularly benefiting those under the Unified Pension Scheme UPS who will now be eligible for retirement and death gratuity benefits identical to those provided under the Old Pension Scheme OPS this move ensures that all central government staff covered by the UPS are entitled to financial protection under the Central Civil Services Payment of Gratuity Rules 2021 meaning that if an employee passes away while in service their family will receive the same death gratuity support as was available in the traditional pension structure additionally the administration has introduced new investment choices for employees under the National Pension System and UPS approving Life Cycle and Balanced Life Cycle funds to offer better returns based on age and risk profile this comprehensive update aims to strengthen the social security net for government servants ensuring that retirement funds and family benefits remain secure while offering more flexibility in managing pension contributions without the disparities that previously existed between different pension frameworks
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