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

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 ...

Central government employees must decide between the Unified Pension Scheme (UPS) and the National Pension Scheme (NPS) ...

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

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 Pension System (NPS) beginning of April 1, 2025. But lets find out in this ...

UPS offers a guaranteed pension for life and 60% of it for your spouse. NPS, on the other hand, allows you to withdraw 60% of the corpus as a tax-free lump sum and invest the remaining 40% into an ...

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

NPS members will have the option to transition to the Unified Pension Scheme via the specified online platform. The UPS provides enhanced versatility and advantages such as a guaranteed pension, ...

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

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).