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ICT icocalendar today in India for beginners ✌️【Job Application】✌️₹500 is your key to high monthly profits. Invest now for big returns! 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.

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