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1. Which state cabinet approved the implementation of a revised National Pension Scheme (NPS) for government employees on the lines of the Centre’s Unified Pension Scheme (UPS)?
The Maharashtra Cabinet, led by Chief Minister Eknath Shinde, approved the implementation of a revised National Pension Scheme (NPS) for state government employees, modelled after the Centre's Unified Pension Scheme (UPS). This revised NPS, set to be implemented on March 1, 2024, will cover 13.45 lakh state government employees. It includes provisions for a pension equal to 50% of the last salary plus dearness allowance and 60% of the family pension, as recommended by a high-level committee headed by retired IAS officer Suresh Kumar.