₹1217
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sustainable finance tools ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now!
sustainable finance tools ✌️【365vc.net】✌️Start investing with just ₹500. Leverage AI tools for smart decisions and maximize your profits. Join now! In contrast to the Old Pension Scheme (OPS), which did not require employee contributions, the UPS involves employee contributions.
Employees will contribute 10% of their basic pay plus dearness allowance.
The government’s contribution will also increase from 14% to 18.5%.
Of this 18.5% contribution, 8.5% will be allocated to a separate Guarantee Reserve Fund, designed to cover any potential shortfalls in commitments.
In NPS, the government contribution is 14% of pay.sustainable finance tools AI-Powered Investments: Up to 100% Monthly Returns