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.