Unified Pension Scheme – delight for subscribers but ominous for the government budget
The recently introduced Unified Pension Scheme (UPS) for Central Government employees has opened a flurry of questions on its impact. The back-breaking cost of guaranteed pensions is why the world has seen a movement away from guaranteed pensions. The introduction of UPS bucks this trend. Our analysis suggests that UPS will be a delight for […]
Ravi Saraogi
SEBI RIA & co-founder of Samasthiti Advisors
1
08 Oct 2024