‘Almost OPS’: Modi Govt ‘UPS’ The Ante in Pension Debate, Gives Big Bonanza to Its Employees
The Unified Pension Scheme brings back an assured pension equal to 50% of basic pay plus a dearness relief that will be linked to the inflation index. Further, every central government employee who retired since 2004 will get the UPS benefit with retrospective effect, with arrears being paid to them
