Enabling Secure and Transparent
Pension Management
The Unified Pension Scheme (UPS) provides a structured and assured pension framework for government employees, combining the benefits of defined contribution with pension certainty.
As a Central Recordkeeping Agency (CRA) for the Unified Pension Scheme, Protean powers the digital infrastructure that enables seamless recordkeeping, account management, and pension servicing for central government employees.
✔ Assured Payout: Employees are guaranteed 50% of the average basic pay of the last 12 months before retirement (applicable after a minimum of 25 years of qualifying service).
✔ Minimum Payout Guarantee: Employees completing at least 10 years of service are assured a minimum pension of ₹10,000 per month.
✔ Family Payout: In case of the pensioner’s death, the family receives 60% of the pension amount.
✔ Dearness Relief: Pension is indexed to inflation, similar to Dearness Allowance/Relief for government employees.
✔ Lumpsum Payout at Retirement: Employees receive an additional lump-sum amount based on service tenure.
Protean’s Role in the Unified Pension Scheme
Protean enables the technology and recordkeeping backbone that supports the pension lifecycle.
Through its CRA platform, Protean facilitates:
Key Features of the Unified Pension Scheme
About Unified Pension Scheme
The Unified Pension Scheme is designed to provide predictable retirement income for government employees, while maintaining transparency and efficiency in pension administration.
The scheme integrates structured contributions with defined pension outcomes, ensuring long-term financial security for subscribers while maintaining fiscal sustainability.