Question

    What is a significant feature of the Unified Pension Scheme

    (UPS) approved by the Uttarakhand government?
    A Guaranteed pension of 50% of the last 12 months' average basic pay for employees with 25 years of service Correct Answer Incorrect Answer
    B Pension eligibility only for employees completing 35 years of service Correct Answer Incorrect Answer
    C Abolition of the National Pension System (NPS) for all government employees Correct Answer Incorrect Answer
    D Introduction of a new pension system without any family pension provisions Correct Answer Incorrect Answer
    E Mandatory pension contribution of 40% for all employees Correct Answer Incorrect Answer

    Solution

    The Unified Pension Scheme (UPS) in Uttarakhand offers a guaranteed pension of 50% of the last 12 months' average basic pay for employees with 25 years of service.

    Practice Next

    Relevant for Exams: