Can an employee, who has earlier opted for the National Pension Scheme or the NPS shift to the UPS or the Unified Pension ...

The Unified Pension Scheme is the new retirement scheme effective from April 1, 2025. It is for central government employees.

Finance Ministry urges faster roll-out of Unified Pension Scheme (UPS) amid slow uptake. Only 1,500 central govt staff opt ...

UPS offers a guaranteed pension for life and 60% of it for the spouse. NPS, on the other hand, allows you to withdraw 60% of ...

As employees evaluate retirement schemes like NPS and UPS, the decision-making process gets tougher, given their unique ...

Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a prominent tax-saving investment choice in the nation, presenting an array of ...

From guaranteed pensions to market-linked returns—know the key features of both UPS and NPS before deciding what secures your ...

The UPS is set to become operational from April 1, 2025, as per the guidelines issued by the Pension Fund Regulatory and Development Authority (PFRDA).

Employees of the Central Government now have the option to sign up for the Unified Pension Scheme (UPS) under the National ...

The central government employees have now more options to choose from on the pension front, as the Unified Pension Scheme (UPS) comes into effect from Tuesday ( ...

Financial Services Secretary M Nagaraju on Thursday expressed hope that the Unified Pension Scheme (UPS), which promises an assured pension of 50 per cent of the average basic pay drawn over the last ...

Central government aims to replace the NPS for government employees by ensuring financial security through assured pension benefits.