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avallis investments ✌️【Job Search】✌️Join the blockchain revolution. ₹500 can unlock massive monthly profits. Start now! In contrast to the Old Pension Scheme (OPS), which did not require employee contributions, the UPS involves employee contributions.
Employees will contribute 10% of their basic pay plus dearness allowance.
The government’s contribution will also increase from 14% to 18.5%.
Of this 18.5% contribution, 8.5% will be allocated to a separate Guarantee Reserve Fund, designed to cover any potential shortfalls in commitments.
In NPS, the government contribution is 14% of pay.avallis investments Temporary Part-Time Jobs: Start Earning Today