NPS retirees with 10+ yrs can claim addl UPS benefits

The Centre NPS subscribers who retired on or before March 31 with a minimum of 10 years of qualifying service or their spouse can claim the additional benefits under the Unified Pension Scheme (UPS). As per the scheme, the retired employee who opted for UPS would get a lump sum payment (one time) of one-tenth of the last drawn basic pay and dearness allowance thereon, for each completed six months of qualifying service.

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