The Unified Pension Scheme (UPS) is a game-changing policy introduced by the central government, offering government employees a secure and predictable pension after retirement. Set to launch on April ...

In a written reply in the Lok Sabha on Monday, Finance Minister Nirmala Sitharaman said the Unified Pension Scheme (UPS), which became operational on 1 April 2025, was introduced to provide an assured ...

Atal Pension Yojana and Pradhan Mantri Shram Yogi Maandhan are two schemes aimed at providing a fixed monthly pension after ...

Chancellor Rachel Reeves has announced plans to merge local authority pension funds into a “handful of megafunds” to boost their capacity to invest in infrastructure and local assets. The government ...

All pensioners receiving benefits under the Employees' Pension Scheme (EPS) 1995 and the Employees' Family Pension Scheme (EFPS) 1971 will continue to receive their pension and associated benefits ...

More than 270 amendments to the Pension Schemes Bill have been put forward for consideration by a parliamentary committee. Pensions Expert looks at some of the most significant proposals. On the first ...

Defined benefit (DB) pension scheme rules are set to be overhauled in an attempt to encourage large employers to reinvest surplus funds and even boost staff wages. Under the proposals, pension ...

Over the past decade of political turmoil, few goals of government policy have been quite so consistent as that of rationalising the country’s mishmash of pension schemes. In a speech in the City of ...