Haryana extends gratuity benefits to all Unified Pension Scheme employees

Economy
C
CNBC TV18•05-12-2025, 20:12
Haryana extends gratuity benefits to all Unified Pension Scheme employees
- •Haryana extended retirement and death gratuity benefits to state employees under the Unified Pension Scheme (UPS).
- •This applies to employees recruited from January 1, 2006, who shifted from the National Pension System (NPS) to UPS.
- •The decision addresses a key grievance of NPS employees and aligns UPS benefits closer to the Old Pension Scheme.
- •Haryana adopted the Centre's UPS from August 1, 2025, and this move may influence other states.
Why It Matters: Haryana's gratuity extension for UPS employees boosts confidence and may influence other states.
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