What is DR in UPS Pension Scheme

What is DR in UPS Pension Scheme DR, whose full form is Dearness Relief, is a component paid along with the pension which is provided to pensioners to compensate for inflation and rising needs of life. DR is similar to dearness allowance (DA), which is provided to employees. DR is revised by the government from … Read more

What is UPS Pension Scheme and How Much will You Get After Retirement?

What is UPS Pension Scheme

Unified Pension Scheme (UPS) is the latest pension scheme launched by the Government of India for government employees. Its objective is to consolidate the various existing pension systems into a single, harmonious framework and ensure stability, dignity, and financial security of government employees. The UPS Pension Scheme guarantees a fixed minimum pension. Due to which … Read more