While the government has announced the Unified Pension Scheme (UPS) for all Central Government employees in August 2024, from April 1, 2025, there is a lot of confusion around the calculation of UPS ...

UPS calculator for govt employees: Set to come into effect from April 1, 2025, the Unified Pension Scheme will be available to eligible central government employees who are covered under the ...

Monthly Salary Calculations: For the salary calculation of a central government employee, their basic pay, dearness allowance (DA), house rent allowance (HRA), and travel allowance (TA) are taken into ...

NPS: Employee contributes 10% of basic pay + DA; government contributes 14% to the NPS Tier 1 account. UPS: Employee contribution remains 10%, but government contributes 18.5%.

ALMQS calculate the ratio of present value of future government retirement ... with average ratios of 0.87 for teachers and 0.85 for general government employees, and nearly all such workers ...