🌎 *UPS scheme is a cheat!* *It is named as *pay out* *not as *pension*! *Individual Corpus reduced from 24% to 20%!* *50% of last 12 months pay will be paid only when employees have 25 years of service and individual Corpus is equal to the benchmark Corpus!* *Service more than 25 years is ignored!* *Benchmark Corpus is decided arbitrarily by PFRDA!* 🔻 *For service less than 25 years and less individual Corpus pay out will be proportionately less!* *Individual Corpus invested in market may end in loss of principal!* *Then pay out may be zero, not assured!*⭕ *Minimum payout Rs10000 is not assured if individual Corpus is less than benchmark Corpus!*❗ ⁉️ *Voluntary retirement only after 25 years of service.But pay out will start only after age 60!* *Family pay out is 60% of pay out!* ♨️ *Minimum payout of Rs10000 not assured for family payout!* *Lumpsum withdrawal upto 60% is permissible!* *But admissible pay out will be less by 60%!* *And minimum payout of 10000 is not assured!* *DA will start afresh from zero!* *Central government DA not applicable!* *UPS is not assured pension as claimed!* *Not equal to OPS!* *50% of last pay for 10 years service is gone!* *Central DA is gone!* *Minimum pension guarantee of 9000+central DA gone!* *No commutation!* *No additional pension for age above 80 years!* *No revision of pension after pay commission!!* *There is no alternative to OPS!* ❌ *Scrap NPS and UPS!* ✅ *Restore OPS!* ♨️ *Demonstration all over Southern Railway* *On 6-2-2025*