Unified Pension Scheme: Why UPS could be negative for PSU banks
The UPS will cost the central government ₹6,250 crore for 2.3 million employees and an additional ₹800 crore to clear arrears, amounting to ₹7,050 crore.
pension scheme
August 2024
April 2022
March 2022
Pension subscriber base surges 22% YoY to 5.2 crore in March
The total pension assets under management grew by 27.43% year-on-year to ₹7.36 lakh crore by the end-March 2022, as per the finance ministry data.
Rajasthan decision to revert to old pension a hard hit on NexGen finances
The pay-as-you-go scheme for pension is supposed to be a whacking on the finances of the current generation of taxpayers.
Rajasthan’s experiments with job and social security
While its urban job guarantee scheme would be eagerly awaited, the return to old pension scheme is more likely to be panned than appreciated by policymakers.
