The Dhanbad DRM, Kamal Kishore Sinha, announced a Unified Pension Scheme (UPS) for central employees, effective from April 1, 2025. This scheme will provide a minimum pension of ₹10,000 for employees with 10 or more years of service. In case of death, the family will receive 60% of the...
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employee's pension and a minimum dearness relief based on the All India Consumer Price Index for Industrial Workers. Employees will receive a lump sum payment upon completion of every 6 months of service, calculated at 10% of their salary and DA. Employees will have the option to choose between NPS or UPS, with those hired after 2004 eligible for benefits. 18,449 employees in the Dhanbad Rail Division are eligible for the UPS.

The Dhanbad Rail Division will offer the Unified Pension Scheme (UPS) to its employees who joined after 2004. This applies to about 18,449 employees. They have the option to stay in the New Pension Scheme (NPS) if they prefer. The UPS will be effective from April 1, 2025. ...
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Under UPS, employees will receive a pension equivalent to half their average salary for the last 12 months after completing 25 years of service, along with a cost of living allowance. The scheme also offers a minimum pension of ₹10,000 after 10 years of service, with a proportionate increase for longer service periods. In case of death, the family receives 60% of the deceased's pension. Employees contribute 10% to the scheme, while the government contributes 18.5%. Employees have the freedom to choose between NPS and UPS.