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News
UPS Key Features
UPS Key Features News
Unified Pension Scheme
25 Aug 2024
‘Unified Pension Scheme’ Vs NPS? Key Differences Explained
Retirees receive 50 per cent of their average basic pay from the last 12 months of service if they have at least 25 years of service.
Unified Pension Scheme
25 Aug 2024
Unified Pension Scheme: From Inflation Protection To Family Pension Benefit
Prime Minister Narendra Modi's Cabinet introduced the Unified Pension Scheme (UPS), starting April 1, 2025. Combining the best features of the Old Pension Scheme (OPS) and the National Pension Scheme (NPS), it will provide guaranteed pensions, family pensions, and minimum pensions to 23 lakh government employees. Here are the key benefits of the new scheme.
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