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Apart from the salary of government employees in UPS, how much will be the share of the government, here is the answer

Siddhi Jain March 23, 2025 06:15 PM

UPS Pension Scheme: Apart from the salary of the employee in UPS i.e. Unified Pension Scheme, contribution is also given by the government. Know how much contribution the government gives.

UPS Pension Scheme: Whoever does a job. He starts planning his retirement during the job itself. He starts investing in pension funds in advance. Because after retirement it is necessary to have a means of income for oneself instead of depending on others. That is why people invest in different pension schemes. If we talk about government jobs, then people have more options to get pensions.

The Government of India has now announced to start UPS Pension Scheme for government employees. Which will come into effect from next month i.e. April 2025. Apart from the salary of the employee in UPS i.e. Unified Pension Scheme, contribution is also given by the government. Know how much contribution the government will give.

The government makes this much contribution to UPS

Unified Pension Scheme i.e. UPS will be implemented in India from 1 April 2025. Government employees can choose whichever scheme they want to avail from both NPS and UPS. In the UPS scheme, 10% of the monthly basic salary and dearness allowance of the government employee will be deposited. Let us tell you that in this scheme, contributions will not be made only by the government employee.

Rather, contributions will also be made by the government. The government will give 18.5 percent of the basic salary in the Unified Pension Scheme. Which will be deposited in the permanent retirement account of the employees. Interest will also be given by the government on this.

How much pension will be given to UPS?

Government employees will be given guaranteed pension in the Unified Pension Scheme i.e. UPS. In this scheme, 50% of the average basic salary of the last 12 months before the retirement of the employees will be given as pension. However, this benefit will be given to the same employees. Those who have served for at least 25 years.

If an employee dies during service, his family will also be given 60% of the pension given to the employees. There is a provision of minimum assured pension in this pension scheme. That is, those who have served for at least 10 years will get a pension of at least Rs 10,000 every month.