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

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 ...

Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...

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

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

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

Beginning on April 1, 2025, National Pension Scheme (NPS) subscribers are now able to transition to the newly introduced Unified Pension Scheme (UPS). This transition is designed to provide central ...

Initially introduced by the Government on January 24, 2025, as an alternative within the National Pension System (NPS), UPS is scheduled to go into effect on April 1, 2025. The scheme is designed ...

Under UPS, the government puts in 10% of your basic salary and dearness allowance and adds another 8.5% to your pension pot.

Given this, the Centre tried to find a middle ground through the Unified Pension Scheme (UPS), blending some of the key features from both pension schemes – OPS and NPS. Like OPS, UPS guarantees ...

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).