Industry players say this is the only way for the sector to gain economies of scale. Kenya’s pension assets under management surpassed Sh2.3 trillion as of the end of December 2024.

Public approval is crucial for carrying out difficult reforms that can help countries lower debt and increase growth ...

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

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.

In a major social welfare initiative, the Modi government is set to introduce a universal pension scheme aimed at securing the financial future of India's working population—especially those in the ...

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

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

According to Kumar, staying with NPS for 25 years could build a corpus of ₹2.25 crore. You could use 60% of that to draw ₹33,750 per month, increasing the payout by 3% annually.

Unified Pension Scheme for Central Govt Employees Pension Calculations: Rs 1,00,000 average basic pay at retirement; 30 years of service; what will be your monthly pension? UPS Pension Calculations: ...

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