UPS Gratuity Policy Explained: Who Qualifies for the ₹25 Lakh Payout and Who Doesn’t?
The Unified Pension Scheme (UPS) will take effect from April 1, 2025. This scheme will change the pension benefits for government employees by introducing a minimum pension and lump-sum gratuity. While most employees will be covered under this new scheme, some may not meet the criteria for the maximum gratuity ceiling of ₹25 lakh. Below … Read more