Under this new pension scheme, government employees will be required to contribute 10 per cent of their basic salary along ...

The National Pension Service Fund Management Headquarters, responsible for managing a fund of 118.5 trillion won (as of the end of November 2024), has identified "overseas niche real estate" as a ...

The Union finance ministry has notified the Unified Pension Scheme (UPS) operationalization as an option under the National ...

SEOUL, South Korea, Jan. 20, 2025 /PRNewswire/ -- Korea Zinc has announced that the National Pension Service (NPS) has decided on its voting direction for Korea Zinc's Extraordinary General ...

The gap between the overseas and domestic stock investment ratios of the National Pension Service is expected to exceed 20 percentage points for the first time next year. This is due to the ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

The Centre introduced the Unified Pension Scheme (UPS) for central government employees last year, combining elements from ...

Policy will come into effect from April 1 and is expected to benefit over 2.3 million central government employees ...

The Unified Pension Scheme (UPS), notified by the Finance Ministry, assures a 50% pension of the last 12 months' average ...

"The existing Central Government Employees under National Pension System (NPS), on the effective date of operationalisation ...

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...