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Open Banking Solutions ✌️【Recruitment】✌️Boost your savings with a ₹500 investment. High returns are just a click away! 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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