At present, around 85 lakh central and state government employees are covered under the NPS. All central government departments and…
The government has extended NPS-like tax benefits to Unified Pension Scheme (UPS) subscribers. Now, up to 60% of the retirement…
The UPS, which guarantees assured pension for government employees on retirement like the old pension scheme, has so far failed…
The Finance Ministry has clarified that tax benefits available under the National Pension System (NPS) will also apply to the…
The Centre extends NPS tax benefits to the new guaranteed Unified Pension Scheme (UPS), including deductions, tax-free withdrawals, and annuity…
Central govt staff seek tweaks to Unified Pension Scheme (UPS), including early pension for paramilitary forces, corpus return on early…
Govt extends Unified Pension Scheme (UPS) deadline to Sept 30, 2025, amid lukewarm response. UPS offers 50% inflation-linked guaranteed pension,…
Eligible retirees who retired before 31st March 2025, under the NPS, are either eligible for a one-time payment equal to…
The National Pension System (NPS) Trust on May 26 in a public notice announced that UPS benefits will also be…
In a circular dated May 21, the ministry stressed the importance of clear and widespread dissemination of information about the…
A complete guide for government employees on choosing between NPS and UPS for securing a Rs 1 lakh monthly pension…
Government ramps up outreach to promote Unified Pension Scheme (UPS) among staff, highlighting 50% guaranteed pension benefit. With low initial…
Finance Ministry urges faster roll-out of Unified Pension Scheme (UPS) amid slow uptake. Only 1,500 central govt staff opt for…
The Centre in last August announced the UPS and has issued detailed operational guidelines recently with regard to framework, timeline…
The PFRDA notification clarified that the scheme will be available to those central government employees who already come under the…
Under UPS, if you have worked for at least 25 years, you will get 50% of the average basic salary…
NPS is a market-based investment scheme in which the returns depend on the market condition. In contrast, UPS is a…
Despite the PFRDA recently coming out with a detailed draft explaining all the guidelines, terms and conditions regarding the new…