UPS – News Express

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Unified Pension Scheme: Central government employees take note – UPS rules notified; check eligibility, contribution – The Times of India

adminMarch 23, 2025010 mins

The UPS operates as a contributory fund with both subscriber and government contributions. (AI image) Unified Pension Scheme (UPS) The PFRDA has issued a gazette notification, introducing comprehensive guidelines for implementing the Unified Pension Scheme (UPS). Starting April 1, 2025, this scheme will be available as an alternative for central government employees currently enrolled in…

Unified Pension Scheme vs OPS vs NPS: How is UPS different from National Pension Scheme, Old Pension Scheme? – Times of India

adminAugust 26, 202406 mins

UPS vs OPS vs NPS: The Modi government has introduced a new pension scheme called the Unified Pension Scheme (UPS) for central government employees who joined the service after January 1, 2004. This scheme, which will be implemented from April 1, 2025, guarantees a pension equal to 50% of the basic salary. The decision to…

Unified Pension Scheme: How is it different from National Pension Scheme – Times of India

adminAugust 25, 202405 mins

NEW DELHI: The Cabinet on Saturday approved the Unified Pension Scheme (UPS) for 23 lakh central government employees. The UPS ensures that all central government employees receive 50 per cent of their last drawn salary from the past 12 months as pension who have served for 25 years or more.Additionally, they will also be eligible…