In a decision impacting thousands of state government employees, Assam Chief Minister Himanta Biswa Sarma announced that the state has officially adopted the Unified Pension Scheme (UPS), a modified version of the National Pension System (NPS) recently introduced by the Government of India.
The new scheme aims to bridge the gap between the Old Pension Scheme (OPS) and the NPS, offering better retirement security to government employees while maintaining fiscal balance.
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Speaking to reporters, Sarma said the government’s contribution under the UPS will increase from 10 per cent, as was the case in NPS, to 18.5 per cent. “The Government of India has adopted the UPS scheme, which is a modified version of the NPS.
Earlier, the government’s contribution was 10 per cent, but und