The Economic Times

Assured Pension Scheme for government employees announced by Kerala government: 50% pension, key features and eligibility explained

Kerala government employees can now opt for the Assured Pension Scheme (APS), effective April 1, 2026, offering a pension of 50% of last-drawn basic pay after 30 years of service. This scheme provides an alternative to the mandatory National Pension System (NPS) for both existing and new employees, ensuring continued dearness relief.