If you are in a government job, then this news is very important for you! Today, from April 1, 2025, the Central Government’s Unified Pension Scheme (UPS) has come into effect. But the biggest question is whether you will get the benefit of a guaranteed pension under this scheme or not. How will this new pension scheme secure the future of government employees? So let us know what is the Unified Pension Scheme, who will get its benefits and who will not!

What is the Unified Pension Scheme (UPS)

It is a fund-based pension scheme, which has been launched by the Central Government under the National Pension System (NPS). Its main objective is to guarantee a fixed pension to government employees after retirement. The Unified Pension Scheme has been brought to ensure the financial security of government employees. In this, benefits like guaranteed pension, family pension and minimum pension are going to be available after retirement, which will make the employees financially assured.

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Who will get the benefit of UPS

If you choose the UPS option, you have to fulfill certain conditions. For example, at least 10 years of service must be completed at the time of retirement. If you retire under FR 56 (j) (without any punitive action), you will still get a pension. If you take voluntary retirement after completing 25 years of service, you will still be entitled to the benefits of this scheme. This scheme is designed for employees who want a stable and secure income after their retirement.

Who will not get a guaranteed pension

There are some situations in which government employees will not get the benefit of a guaranteed pension under UPS:

  1. If your job period is less than 10 years, you will not get the benefit of UPS.
  2. If you have been dismissed or removed from service, you will not be eligible for this scheme.
  3. If you have left the job yourself (resigned), you will not get the benefit of UPS.
  4. These rules ensure that the benefits of the scheme are available to employees who have served with the government for a certain period and who follow the service rules.

How much benefit will the family get?

If the employee dies after retirement, his wife/husband will get 60% of the pension. That is, if the employee was getting a pension of ₹ 10,000, then his family would get a monthly pension of ₹ 6,000. This provision provides financial security to the family of the retired employee after his death.

How beneficial is this scheme for you?

If you want a fixed pension after retirement, then this scheme can prove to be beneficial for you. Especially for those employees who want financial security and feel the need for a fixed income every month. However, it is important to note that under this scheme, contributions will be deducted from your salary every month. This scheme can be a good option for those who want a risk-free and guaranteed pension.

After UPS is implemented, will you get the benefit of this scheme?

If your job tenure and terms are in line with this scheme, you will get a guaranteed monthly pension of ₹10,000. This scheme is an important step for government employees who want to ensure financial stability after their retirement. This scheme, which has come into effect from today, can play an important role in securing your future.

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