M.S. Sahoo Committee

Source:  PIB Subject:  Economy Context: The Pension Fund Regulatory and Development Authority (PFRDA) has set up an expert committee under M.S. Sahoo to design a framework for assured pension payouts under the National Pension Scheme (NPS). About M.S. Sahoo Committee: What it is? The M.S. Sahoo Committee is a 15-member expert group constituted to design …

Unified Pension Scheme

Source:  ToI Context: The Pension Fund Regulatory and Development Authority (PFRDA) has issued guidelines for the implementation of the Unified Pension Scheme (UPS), which will come into effect from April 1, 2025, offering an alternative to the existing National Pension Scheme (NPS) for central government employees. About Unified Pension Scheme (UPS): What it is: A …