Odisha to roll out unified pension scheme soon

BHUBANESWAR: The state government has decided to implement the Unified Pension Scheme (UPS) for its employees, who are considered eligible for pension under the National Pension System (NPS).

The decision was taken at the state cabinet chaired by Chief Minister Mohan Charan Majhi on Friday night. The Union cabinet had approved the UPS on August 24, 2024.

Briefing mediapersons, Chief Minister Mohan Charan Majhi on Saturday said the state cabinet has approved the Finance department’s proposal for the implementation of UPS. However, government employees under NPS will have the choice to opt for UPS or continue under NPS .