Everyone has a question about life after retirement—where will the monthly income come from? Keeping this in mind, the NPS ...

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 ...

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 ...

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 ...

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 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 ...

Here’s a detailed comparison to assist you in making an informed decision. Understanding the Basics: NPS vs UPS The National Pension System (NPS) was introduced in 2004 as a defined contribution ...

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 ...

A new device by a government-sponsored body is assisting central and state government staff to assess whether the National Pension System (NPS ... for UPS and presents a side-by-side comparison ...

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 ...

will be eligible for the Uniform Pension Scheme (UPS). Employees with the National Pension System (NPS), which is applicable to individuals who entered service after April 1, 2004, have the option ...

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 ...