Railways Announces New UPS Pension Rules: ₹10,000 Minimum

Railways introduces new UPS pension rules, ensuring a minimum pension of ₹10,000 for employees under NPS. The guidelines detail eligibility, contributions, and pension calculations, enhancing benefits for long-serving staff. Key changes include provisions for lump-sum benefits and VRS rules, making it easier for employees to switch from UPS to NPS.

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"Pension updates are always a big deal, especially when they involve more money!"

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File ID: #402916Original Source: LiveMint Money ↗

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