With the new Unified Pension Scheme (UPS), many now find themselves confused about whether they should continue with the current National Pension Scheme (NPS) or opt for the new one. Let's take ...

UPS vs OPS vs NPS: The Modi government has introduced a new pension scheme called the Unified Pension Scheme (UPS) for central government employees who joined the service after January 1, 2004.

This guaranteed pension provides a safety net for retirees, unlike the NPS, where the pension amount is solely dependent on the accumulated corpus and is subject to market fluctuations.

To provide its employees with an alternative to the current National Pension System (NPS), the government recently unveiled the Unified Pension Scheme (UPS). Government employees hired after 2004 ...

The Central Government has introduced the Unified Pension Scheme (UPS) as an alternative to the National Pension System (NPS). The official announcement for UPS was made on January 24, 2025 ...

The Unified Pension Scheme (UPS) was launched by the Indian government in August 2024, and it is set to be implemented fully by April 2025. The UPS is intended to provide central government ...

Most of us spend years working hard, but when it comes to planning for life after retirement, we tend to overlook it - until it starts feeling a little too real. For good reasons, pension schemes ...

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 ...

Following the criticism of the National Pension Scheme, the government on Saturday, August 24, approved the Unified Pension Scheme (UPS), which will come into effect in the next financial year ...

Will UPS stop the shift to the old scheme? It should as NPS’ major pain points have been addressed. This will ensure that the pension from OPS is not very different from that of UPS. Resentment ...

or NPS, in favour of the previous scheme, or Old Pension Scheme, the government has devised the Unified Pension Scheme (UPS). UPS To be Implemented In April 2025 This change was brought into being ...