The Department of Pension and Pensioners’ Welfare clarified that central government employees under Unified Pension Scheme (UPS) will lose their assured payout if they resign but will still receive their accumulated pension wealth. The circular stated, "On resignation from government service...entails the forfeiture of assured payout under UPS." The accumulated corpus will be paid as a lump sum.
short by
Girish Kumar Anshul /
06:00 pm on
07 Nov