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The Unified Pension Scheme (UPS), introduced by the Government of India in 2024 as an optional pension scheme along with the National Pension System (NPS) for the government employees, it aims to provide a comprehensive and centralised pension system for Central government employees. The scheme is designed to consolidate various existing ...
The Union Government's pension liabilities in Budget Estimate 2022-2023 on account of Old Pension Scheme for existing retirees is ₹2.07 lakh crore. [2] The cost of pension for all State Government's combined Budget Estimate 2022-2023 is ₹4,63,436.9 Crores. [3]
Mandatory occupational pension provision: Voluntary private collective pension provision; Voluntary private individual pension provision Georgia: Basic pension: N/A: N/A: N/A Germany: Social assistance: Social insurance system: Voluntary occupational pension insurance: Private pension schemes Hong Kong: Basic pension: Provident fund system: N/A ...
India operates a complex pension system. There are however three major pillars to the Indian pension system: the solidarity social assistance called the National Social Assistance Programme (NSAP) for the elderly poor, the civil servants pension (now open for all) and the mandatory defined contribution pension programs run by the Employees' Provident Fund Organisation of India for private ...
Based on a study of social pensions in three states (Delhi, Haryana and Uttar Pradesh) in 2014, the World Bank [47] makes a case for scaling up social pensions in India. The study raises four important points regarding expanding coverage of social pensions: "First, an expansion in coverage by adding more numbers (as Haryana has done) is likely ...
Uttar Pradesh, the most populous state in India, has 75 districts and 1 temporary district.These districts, most of which have populations above 12 lakhs, are grouped into 18 divisions for administrative convenience.
The Government of Uttar Pradesh (ISO: Uttara Pradēśa Sarakāra; often abbreviated as GoUP) is the subnational government of the Indian state of Uttar Pradesh with the governor as its appointed constitutional head of the state by the President of India. [1]
The functions of DESW according to the official website are: "Matters relating to Armed Forces Veterans (Ex- Servicemen) including pensioners;Armed Forces Veterans (ExServicemen); Contributory Health Scheme; Matters relating to Directorate General of Resettlement and Kendriya Sainik Board; Administration of (a) the Pension Regulations for the Army, 1961 (Parts I and II); (b)the Pension ...