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Govt Notified VRS Rules Assure Pro Rata Payout After 20 Years
Economy
Published on 24 April 2026
New unified pension rules promise assured pro rata payout
Newly notified central government rules allow employees with at least 20 years of service to opt for voluntary retirement under the Unified Pension Scheme and receive an assured pro rata payout. The package also ties in retirement benefits including gratuity, leave encashment, and insurance-related schemes, aiming to make VRS decisions more predictable.
- Employees with 20+ years can choose voluntary retirement under new rules
- Payout will be assured on a pro rata basis
- Unified Pension Scheme includes gratuity and leave encashment benefits
- Insurance schemes are also covered at retirement
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times