In the history of pension schemes, UPS is the latest addition. UPS is a pension scheme, however, here an employee has to contribute 10% of their basic pay and the DA (dearness allowance). The ...

As the Centre notifies the UPS as an option under the National Pension System, let's see how does it differ from the earlier ...

Describing the protest as a 'black day', the employees wore black badges and staged an hour-long protest from 12 noon in ...

UPS strikes a balance between Old Pension Scheme (OPS) and New Pension Scheme (NPS), offering government employees a ...

Unified Pension Scheme for Central Government employees under NPS offers lifelong benefits, including minimum pension and ...

If a central government employee voluntarily retires after 25 years of service, the assured pension payouts will begin at the ...

The Unified Pension Scheme is applicable to Central Government employees already enrolled in the NPS and will be available to ...

The scheme will see a hike in the government's contribution to 18.5 per cent of the combined sum of basic pay and dearness ...

The Centre has announced the Unified Pension Scheme (UPS) under the National Pension System (NPS), effective April 1, 2025.

The UPS will offer 50% of average basic pay drawn by a federal employee over the 12 months before retirement provided he or ...

The notification will give the option to 23 lakh government employees to choose between UPS and NPS ... The Union Cabinet, ...

Less than 6 months after announcing the Unified Pension Scheme (UPS), the Modi government has now notified it as an option ...