Good news for government employees! New pension scheme has arrived – PM Unified Pension Scheme

PM Unified Pension Scheme: Modi government has made a tremendous announcement for those doing government jobs! Now your life after retirement is going to be even more fun. The government has brought PM Unified Pension Yojana for you. This will benefit about 23 lakh government employees of the country. Isn’t this great news?

What is this new pension scheme?

The central government has started this new initiative for government employees. Its name is PM Unified Pension Yojana. This scheme has not been implemented yet, but it is heard that it will start for you from April 1, 2025.

The special thing is that this scheme has been made by combining the Old Pension Scheme (OPS) and the New Pension Scheme (NPS). The government wants that all the government employees should not have any tension about money after retirement and they can live their life comfortably. Let’s know more about this scheme in depth.

What is this Unified Pension Scheme?

PM Unified Pension Yojana is a brand new pension scheme, which is especially for government employees. Under this, all the government employees, when they retire, will get pension every month. And how much will this pension be? This will be 50% of the average of your last 12 months’ salary. Meaning half the salary will continue to be received as pension!

What are the benefits of this scheme?

If you also do a government job and want to take advantage of this scheme, then know what you are going to get in it:

If you have worked for 25 years, then you will get full pension.

If your job is between 10 to 25 years, then you will get pension, but a little less, meaning the more years of job, the more pension.

At least the pension will be Rs 10,000. And if inflation increases, then your pension will also increase! The best thing is that if the employee dies tragically, his family will also continue to get 60% of the pension.

How to take advantage of PM Unified Pension Scheme?

Now let’s talk about who will get the benefit of this scheme and how:

This scheme is only for central government employees.

You must have worked for at least 10 years.

You will have to give 10% of your salary to this scheme.

It is important to keep all your job papers correct and updated.

And yes, you will have to apply for this scheme before retiring.

So this is the complete information about PM Unified Pension Yojana. Hopefully, this scheme will prove to be very beneficial for government employees!