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LAUNCESTON, Australia, Aug 27 (Reuters) - Asia's imports of seaborne thermal coal ticked up in August to the highest in eight months, but the strength was largely driven by North Asia's developed ...

UPS: Employees in the government sector opting for the Centre's newly introduced Unified Pension Scheme (UPS) can look forward to significantly enhanced pension benefits, thanks to an increase in the ...

Assured Pension: Under the Unified Pension Scheme (UPS), the fixed pension amount awarded will be 50% of the average basic pay received during the last 12 months before retirement for individuals ...

Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS?

1. Basis of calculation of assured pension changes: Both the UPS and OPS offer assured pensions to government employees. However, there is a difference between the two schemes in how pensions are ...