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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 ...
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 Unified Pension Scheme (UPS), which guarantees pension to Central government employees, has been launched from April 1. Government employees enrolled in the National Pension System (NPS) have ...
Central government employees are in a dilemma. They have to choose between two pension schemes – the National Pension System (NPS) and the Unified Pension Scheme (UPS), which was implemented on ...
National Pension Scheme (NPS) subscribers are now able to transition to the newly introduced Unified Pension Scheme (UPS). This transition is designed to provide central government employees with ...
This follows the UPS notification dated January 24, by the government for Central government employees covered under the National Pension System (NPS). The regulations shall come into effect from ...
The NPS, which was launched in January 2004, replaced the Old Pension Scheme (OPS), and covers all departments under the central government. On the other hand, UPS is a new pension scheme recently ...
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 ...
“The Unified Pension Scheme shall be applicable to ... since 2004 will be eligible to opt for the UPS, while the option to continue with the NPS will remain. According to an official, employees ...
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 ...