Unified Pension Scheme

The Unified Pension Scheme offers several key advantages to the Central government employees: Guaranteed Pension: Under UPS, Central govt employees will receive 50% of their average salary from the last 12 months before retirement. To be eligible for this scheme, an employee must have served for at least 25 years.

Can employees who switched to UPS also maintain NPS accounts side by side?

The UPS was launched on April 1 this year. Initially, the government fixed June 30 as the UPS deadline for…

October 3, 2025 12:33 IST

Unified Pension Scheme deadline ends today: Key UPS features central employees must know before switching from NPS

The UPS was launched on April 1 this year as an optional scheme under the existing NPS framework for central…

September 30, 2025 11:36 IST

Key NPS rules change from October 1 – How it affects your investment

Big changes in NPS rules from October 1 – Know how new guidelines affect your investment

The National Pension System (NPS) is set for major reforms from October 1, 2025. Investors may see new options and…

Updated: September 30, 2025 08:52 IST

NPS to Unified Pension Scheme migration deadline nears – Why govt employees are reluctant to UPS switch

Recently, on April 1, 2025, the government introduced the UPS. UPS is an optional scheme under NPS that provides employees…

September 17, 2025 15:11 IST

Centre to allow immediate pension benefits on voluntary retirement under UPS? Here’s what govt assured

Unified pension Scheme: Among several issues flagged by the unions and employee bodies, one issue has been the delay in…

September 9, 2025 19:03 IST

Money rule changes in September 2025: ITR filing deadline, UPS option, SBI credit card rules, FD schemes and more

Money rule changes this month: ITR filing deadline, UPS option, SBI credit card rules, FD schemes and more

From filing your Income Tax Return (ITR) to choosing the Unified Pension Scheme (UPS) and investing in special FD plans,…

September 1, 2025 07:15 IST

India's Unified Pension Scheme: Why Central Govt. Employees Are Not Opting In. (Image Source: Canva)

EXPLAINER: Why Unified Pension Scheme has few takers

The Unified Pension Scheme (UPS), designed to offer assured pension benefits to central government employees, has seen a lukewarm response.…

August 29, 2025 23:42 IST

NPS, UPS, unified pension scheme, pension, national pensions system

Centre allows one-time switch to NPS from UPS

The Centre has allowed a one-time switch from the Unified Pension Scheme (UPS) to the market-linked National Pension System (NPS)…

August 26, 2025 09:19 IST

Centre to restore Old Pension Scheme amid tepid response for UPS? Here’s what finance ministry says

At present, around 85 lakh central and state government employees are covered under the NPS. All central government departments and…

August 13, 2025 19:41 IST

Big tax relief for THESE govt employees as govt amends tax rules

Big tax relief for THESE govt employees as Centre amends tax rules

The government has extended NPS-like tax benefits to Unified Pension Scheme (UPS) subscribers. Now, up to 60% of the retirement…

August 12, 2025 11:54 IST

Govt to amend Unified Pension Scheme to make it more employee friendly? Here’s what Finance Minister says

The UPS, which guarantees assured pension for government employees on retirement like the old pension scheme, has so far failed…

July 31, 2025 16:12 IST

Will central govt employees get NPS-like tax benefits under UPS? Finance Ministry clears the air

Central govt rolls out more incentives to UPS subscribers

The Finance Ministry has clarified that tax benefits available under the National Pension System (NPS) will also apply to the…

July 7, 2025 13:29 IST

unified pension scheme, UPS, national pension system, NPS, tax

UPS subscribers to get NPS-like tax benefits

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

July 4, 2025 22:33 IST

National Pension System, PFRDA, REITS, AIFs, investment

Govt staff wants Unified Pension Scheme to be tweaked

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

July 2, 2025 23:02 IST

pension, National Pension System, NPS, money, Unified Pension Scheme, UPS

Tepid response: Window for guaranteed pension extended by 3 months

Govt extends Unified Pension Scheme (UPS) deadline to Sept 30, 2025, amid lukewarm response. UPS offers 50% inflation-linked guaranteed pension,…

June 23, 2025 21:36 IST

UPS benefits will be over and above the already claimed NPS benefits for THESE govt pensioners

Good news for govt pensioners: UPS benefits in addition to NPS for THESE employees

Eligible retirees who retired before 31st March 2025, under the NPS, are either eligible for a one-time payment equal to…

May 30, 2025 18:29 IST

Unified Pension Scheme benefits announced for THESE retired govt employees: Know how to claim UPS benefits

Unified Pension Scheme extended for THESE employees: How to claim UPS benefits, deadline to apply

The National Pension System (NPS) Trust on May 26 in a public notice announced that UPS benefits will also be…

May 27, 2025 19:26 IST

Unified Pension Scheme: Railway Ministry urges all zones to act fast, facilitate staff choices

In a circular dated May 21, the ministry stressed the importance of clear and widespread dissemination of information about the…

May 25, 2025 16:00 IST

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Diwali 2025: Peek inside Bollywood celebs’ homes and their lavish festive celebrations

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Bollywood celebrities spared no expense in celebrating Diwali this year, with lavish parties, glamorous outfits, and heart-warming moments. Alia Bhatt spent time with both her in-laws and her family, while Kiara Advani and Siddharth Malhotra celebrated their first Diwali as new parents. Twinkle Khanna and Akshay Kumar enjoyed the festivities in London, while Ananya Panday celebrated with family.

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