'Give detailed information to employees about the options under UPS', Railway Ministry directs zones

The Railway Ministry has asked each one of the country's railway zones to provide full details about the options in Unified Pension Scheme (UPS) to workers at once and efficiently. The ministry added that providing full details to workers is extremely essential to enable them to make a correct decision about their pension scheme. In a circular dated May 21, the ministry requested Principal Chief Personnel Officers at each one of the country's 17 railway zones to give accurate, precise and full information about each one of the options pertaining to UPS to workers.

Recently, the government introduced the Unified Pension Scheme for fresh recruitment. Even current employees have also been offered a choice that if they want, they can opt for either the current New Pension Scheme (NPS) or the newly introduced UPS.

The Railway Ministry has asked the zonal officials to organize help camps to provide information related to UPS and help in registration. These camps should be organized at different places so that maximum number of employees can get its benefit. In these camps, employees will be given complete information about UPS with the help of HR, Finance and subject experts. In the camps, employees will be able to ask their questions, clear their doubts and if they want, they can also complete the registration process immediately.