Ranchi, July 11 -- The Jharkhand government has approved the implementation of the Unified Pension Scheme (UPS) under the National Pension System (NPS) for government employees, aligning with the central government's guidelines issued by the Pension Fund Regulatory and Development Authority (PFRDA).
As per the Finance Department's notification, employees who joined government service on or after December 1, 2004, and were covered under the NPS, will now fall under the Unified Pension Scheme framework. This also applies to All India Services officers serving in Jharkhand who opted for the NPS.
The scheme aims to streamline pension regulations for central and state employees, especially those who had earlier chosen to shift from the Old Pen...