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

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

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

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

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 ...

The Unified Pension Scheme (UPS), which was opened for switching from the market -linked National Pension System ( NPS) on ...

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 ( ...

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

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