Prime Minister Modi approves Unified Pension Scheme, guaranteeing 50% salary pension for 2.3M gov't employees.

Prime Minister Narendra Modi announced the approval of the Unified Pension Scheme, which guarantees 50% of salary as a pension for 2.3 million government employees. The scheme aims to provide financial stability and dignity for government employees upon retirement. The Union Cabinet has endorsed an assured minimum pension and family pension for government employees. The new policy is expected to increase financial security for public service workers.

August 24, 2024
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