In a significant move, the Maharashtra cabinet has given its approval to the Unified Pension Scheme (UPS), a day after it was passed by the Union cabinet. This scheme aims to streamline and enhance the pension system, ensuring better benefits and coverage for retirees across the state. The UPS is expected to bring uniformity and efficiency to the pension process, benefiting thousands of pensioners in Maharashtra. Unified Pension Scheme Gets Centre’s Nod: From 50% Assured Pension to Optional Participation, Key Points of UPS Approved by Union Cabinet (Watch Video).

Unified Pension Scheme Passed in Maharashtra Assembly

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