The Government of India has now issued a notification to provide approval to start the Unified Pension Scheme 2024. To provide a pension facility to the government employees of the country after retirement, the facility of Unified Pension Scheme 2024 Registration has been launched. It has been decided to provide benefits under the scheme to about 23 lakh government employees and this scheme will work as a National Pension System. Based on the recently released notification, NPS subscribers will be able to choose to migrate to UPS which provides assured pension, minimum pension and assured family pension from the next financial year. Now {UPS} Unified Pension Scheme 2024 Application Form Link has been out for all employees. Through this article, complete information has been provided about Unified Pension Scheme 2024 Apply Online.
Unified Pension Scheme 2024 Registration
It has been decided to start Unified Pension Scheme 2024 Registration once again for the retired government employees of India. Employees who have worked in government service for 25 years will be now able to receive a guaranteed pension of 50 percent of their average basic salary in the last 12 months before retirement under this scheme. Employees who have served for less than 25 years will get a pension in proportion to the tenure, with the minimum qualifying service period being fixed at 10 years. In the event of the unfortunate death of the employee, his spouse will get a family pension of 60% of the pension received by the employee before his death.
Employees who have completed 10 years of service will be provided a minimum pension of Rs.10,000 per month. According to the notification issued by the officials, employees will be provided a lump sum payment at the time of retirement which will be 1/10th of the monthly remuneration of the employee on completion of every six months of service or on the date of retirement. If you are also interested in submitting the application form under this pension scheme, then now you will be able to submit your online application form as soon as possible.
Benefits Of UPS
- The pension amount will be 50% of the average basic pay received during the last 12 months before retirement after a minimum of 25 years of government service.
- A proportional scheme has also been approved for employees with a minimum service period of 10 years.
- In the event of the death of the employee due to any reason, an assured family pension at the rate of 60% of the pension will also be provided.
- The minimum pension on retirement after 10 years of service has been fixed at Rs.10,000 per month.
Main Features Of Unified Pension Scheme 2024
- Consolidated pension schemes merge existing pension schemes including EPF, NPS, and PPF into a single scheme.
- Universal coverage covers all citizens including unorganised sector workers and self-employed individuals.
- Allows contributors to choose from various investment options and contribution levels.
- Ensures a minimum pension amount for retired employees.
- It enables easy transfer of pension accounts between jobs and locations.
{UPS} Unified Pension Scheme 2024 Application Form Link
Name Of Post | Unified Pension Scheme 2024 Registration |
Launched By | Government of India |
Started For | For retired government employees |
Main Aim | Providing pension facility |
Article Category | Yojana |
Benefits | Streamlines pension management |
Official Website | Available Soon |
Eligibility Criteria
- Employees who have retired or are going to retire with dues by 31st March 2025 can apply.
- Only government employees will be able to avail the benefits.
- The applicant must be an Indian.
Mandatory Documents
- PAN Card
- Aadhar Card
- Mobile Number
- Email ID
- Passport Size Photo
- Income Certificate
- Address Proof
Steps To Apply Online For Unified Pension Scheme 2024 Registration
All the employees who are willing to complete the Apply Online For Unified Pension Scheme 2024 Registration process, now follow the easy procedure given below and submit your registration form.
- Employees have to first visit the official webpage of Unified Pension Yojana 2024.
- Click on the Register Now option from the home screen.
- On the next page, the application form will be displayed.
- Follow all the instructions and proceed.
- Then fill your Name, Address, Mobile Number, and other necessary details in the form.
- Upload all the required documents.
- After that, click on the Submit button given at last.
- By following the given steps, employees will be able to apply easily.
Smart Links
Official Website | Coming Soon |
For New Updates Visit | Portalupdate.in |