New Pension Rule: Govt has announced that all UPS employees will get retirement and death gratuity benefits

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UPS: The central government has decided to give the benefit of retirement and death gratuity to all central employees covered under the Unified Pension Scheme (UPS). This has fulfilled a long-standing demand of lakhs of employees. Union Minister Dr Jitendra Singh gave information about this decision on Wednesday.

Facility like OPS is now available in UPS as well

Under the new rules, now the Central Government employees included in UPS will also be eligible for the benefit of gratuity as per the Central Civil Services (Payment of Gratuity under National Pension System) Rules, 2021. Earlier this benefit was available only to the employees of Old Pension Scheme (OPS).

Special provision on death or disability during service

According to the Personnel Ministry, in case of death, disability or invalidity of the employee during service, now UPS employees will also be able to get the same benefits as OPS. For this, they will have to give an option in their service record. DOPPW (Department of Pension) has also issued a new order in this regard on Wednesday, which will give UPS employees the right to choose the benefits available under OPS.

Positive feedback among employees

Manjit Singh Patel, President of All India NPS Employees Federation, has welcomed this decision of the government. He called it “historic and extremely necessary” and said that this will clear many doubts of the employees and they will be able to adopt UPS without any confusion.

A strong step towards equality

According to DOPPW Secretary V Srinivas, this decision ensures parity between UPS and NPS pensioners and both will get the benefit of gratuity up to Rs 25 lakh. He said, “This order brings clarity in the service period of the employees and gives them certainty about their future.”

UPS will be implemented from 2025, option will be available

The Finance Ministry has already issued a notification to implement UPS from January 24, 2025. Under this, UPS will be implemented as an alternative to NPS for new recruitments of the Central Government. This decision of the government is not only an important step towards social security, but it also increases the morale and confidence of the employees. The extension of gratuity benefits under UPS has brought relief to thousands of employees who were deprived of this right till now.

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