The Unified Pension Scheme (UPS) offers government employees a more secure retirement plan compared to the National Pension Scheme (NPS). UPS provides a guaranteed pension, family pension ...

UPS vs NPS vs OPS: For a long time, government employees have been demanding either amendment to the New Pension Scheme (NPS) or the reinstatement of the Old Pension Scheme (OPS). The ...

It guarantees a 50% of basic salary pension. Employees can choose between UPS and NPS, the latter being market-linked. Central government employees have the option to choose between UPS and NPS.

NPS investments: Have you turned 40 and haven’t started your retirement savings yet? Don’t worry—you can start with an NPS and secure both a good retirement corpus and a regular pension ...

Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS?

Maharashtra's Mahayuti government approved the Unified Pension Scheme for 8.3 lakh employees, effective March 2024, offering 50% basic pay as assured pension. MUMBAI: Within 24 hours of the union ...

Also Read Karnataka govt puts on hold Bill mandating local jobs quota in pvt sector With the addition of all these features, it marks the transformation of the National Pension System (NPS), which ...

As the Centre has introduced the option to choose between UPS and NPS from the next financial year, here are the key differences between the two schemes. The people who have opted for the National ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on ...

NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65.(HT File/ Representative Purpose) Starting in the next financial year ...

While the new scheme will come into force from April 1, 2025, the employees covered under National Pension Scheme (NPS) will have choice to continue with it or opt for the new scheme. According to ...

This new scheme promises government employees a guaranteed pension upon retirement, addressing long-standing concerns with the New Pension Scheme (NPS). The NPS, which is based on market-linked ...