Central Government Employees Pensions: If you are a central employee, then this news can be of great use for you. A notification has been issued on Tuesday by the Department of Pension and Pensioners Welfare.

If the central employees want to take UPS in the new pension scheme under CCS (UPS to be implemented under NPS) Rules 2025, then they can take VRS (Valentry Retirement Service) after 20 years of full service. But he will get full payout only after 25 years of service.

What have new changes:

Employees can take VRS after 20 years of service. But the entire pension (full payout) will be available only after completing 25 years of service. This rule will be applicable under CCS (UPS Rules 2025). This will benefit those employees who fall under NPS (new pension scheme).

For example, suppose an employee took VRS after 22 years of service. In such a situation, he will get permission to take VRS. But he will get the entire pension payout only when his service will be completed 25 years. That is, after taking VRS after 22 years of service, full benefits will not be available.

A statement issued by the Ministry of Personal, Grivens and Penks said that full assured payout will be given only after 25 years, but the employees who retire earlier will be given benefits on the basis of Pro-Rata.

Ministry issued statements

The statement issued by the ministry further stated that under the Unified Pension Scheme (UPS), employees have been given the option to take voluntary retirement (VRS) after completing 20 years of service. However, full assured payout of this scheme is available only when the employee completes 25 years of merit service.

It further said that if an employee takes VRS after completing the service of 20 years or more but less than 25 years, then he will get pension on a Pro-Rata basis. This means that pension will be calculated in proportion to the year who has been served. For example, if someone has served 22 years, then he will get 22/25, ie 88% of the entire pension of 25 years. However, this payment will be given to the employee only when he reaches his regular retirement age.

ALSO READ: Trump’s 50% tariff injury trades, this is the condition of India’s export for the third consecutive month