UPS Pension Scheme vs OPS Pension Scheme: The state government also has the option to opt for UPS for their employees. Following backlash from the employees over lower corpus and lower returns ...

To boost the Unified Pension Scheme (UPS), the Finance Ministry has extended National Pension System (NPS) income tax ...

In a bid to provide further impetus to the UPS, the Government has decided that tax benefits as available under NPS shall ...

The Unified Pension Scheme will now offer tax benefits similar to the National Pension System, enhancing its attractiveness ...

The Finance Ministry has extended the deadline for government employees to choose between two pension options, the Unified Pension Scheme (UPS) and the National Pension System (NPS). Earlier, ...

The Centre extends NPS tax benefits to the new guaranteed Unified Pension Scheme (UPS), including deductions, tax-free ...

Government employees under the Unified Pension Scheme (UPS) will now receive tax benefits similar to the National Pension ...

Central govt staff seek tweaks to Unified Pension Scheme (UPS), including early pension for paramilitary forces, corpus ...

As India’s retirement landscape evolves, government employees face a crucial choice between NPS and the newly launched UPS.

The Modi government has introduced the Unified Pension Scheme (UPS) effective April 1, 2025, for central employees who joined post-January 1, 2004. It guarantees a 50% of basic salary pension.

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 ...

Under the UPS, the assured pension will be the average basic salary + DA drawn in the previous 12 months before superannuation. This would mean that government employees, at retirement, will get ...