Cabinet approves Unified Pension Scheme

Published By : Admin | August 24, 2024 | 20:48 IST

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the Unified Pension Scheme (UPS).

The salient features of the UPS are:

  1. Assured pension: 50% of the average basic pay drawn over the last 12 months prior to superannuation for a minimum qualifying service of 25 years. This pay is to be proportionate for lesser service period upto a minimum of 10 years of service.
  2. Assured family pension: @60% of pension of the employee immediately before her/his demise.
  3. Assured minimum pension: @10,000 per month on superannuation after minimum 10 years of service.
  4. Inflation indexation: on assured pension, on assured family pension and assured minimum pension

Dearness Relief based on All India Consumer Price Index for Industrial Workers (AICPI-IW) as in case of service employees

  1. lump sum payment at superannuation in addition to gratuity

1/10th of monthly emoluments (pay + DA) as on the date of superannuation for every completed six months of service this payment will not reduce the quantum of assured pension

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Prime Minister shares Sanskrit Subhashitam highlighting the transformative power of true knowledge
May 26, 2026

The Prime Minister, Shri Narendra Modi, said that true knowledge paves the way for the welfare of the nation, society and the entire humanity. He noted that it is important that our knowledge and actions become a source of inspiration for all humankind.

The Prime Minister shared a Sanskrit Subhashitam-

“आत्मा शुद्धः सदा नित्यः सुखरूपः स्वयम्प्रभः।

अज्ञानान्मलिनो भाति ज्ञानाच्छुद्धो भवत्ययम्‌।। ”

The Subhashitam conveys that the the Ātman is by nature always pure, eternal, blissful, and self-luminous. However, because of ignorance, it appears impure; through true knowledge, it once again reveals its pure nature.

The Prime Minister wrote on X;

“सच्चा ज्ञान देश, समाज और समस्त मानवता के कल्याण का मार्ग प्रशस्त करता है। इसलिए यह जरूरी है कि हमारा ज्ञान और हमारे कर्म पूरी मानवता के लिए प्रेरणा बनें।

आत्मा शुद्धः सदा नित्यः सुखरूपः स्वयम्प्रभः।

अज्ञानान्मलिनो भाति ज्ञानाच्छुद्धो भवत्ययम्‌।।”