The Unified Pension Scheme (UPS), which was opened for switching from the market -linked National Pension System ( NPS) on April 1, has made a tepid start even though pension at 50% of the last 12 ...

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 ...

The Unified Pension Scheme is the new retirement scheme effective from April 1, 2025. It is for central government employees. If you're currently under NPS, you'll have the option to shift to this new ...

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.

Addressing the gathering, union leaders condemned the government's plans to hand over critical railway infrastructure, workshops, and operations to private players, who, they said, are driven solely ...

Having reclaimed Headquarters Road bridge from PennDOT, Tinicum Township now finds its carefully laid rehabilitation plans ...

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 government aims to create proper rules for investing the extra contribution made by it in a separate pension fund called the pool corpus under the newly launched Unified Pension Scheme (UPS).

The changes hitting USPS this month, which took effect April 1, are part of a 10-year plan to save the agency $36 billion.

The Ministry of Finance is carrying out a study on global pension fund management for investing the pool corpus. UPS pledge ...