NPS is a government-backed retirement savings scheme that not only helps individuals build a retirement corpus but also ...

As employees evaluate retirement schemes like NPS and UPS, the decision-making process gets tougher, given their unique ...

Under UPS, the government puts in 10% of your basic salary and dearness allowance and adds another 8.5% to your pension pot.

They have to choose between two pension schemes – the National Pension System (NPS) and the Unified Pension Scheme (UPS), which was implemented on 1 April. UPS offers a guaranteed pension for ...

National Pension System (NPS) helps individuals save for retirement by investing in different assets like stocks, government ...

What is National Pension System (NPS)? NPS is a market-linked defined contribution scheme that helps you save for your retirement. The scheme is simple, voluntary, portable, and flexible. It is one of ...

Starting April 1, 2025, central government employees can switch from the National Pension Scheme to the Unified Pension Scheme offering guaranteed benefits.

It guarantees a minimum pension of Rs 10,000 per month for employees who complete at least 10 years of government service ...

Central government employees can opt for Unified Pension Scheme (UPS) starting April 1, 2025. The scheme promises an assured monthly pension and lump sum amount at retirement. Know what the pension ...

NPS and PPF both have a lock-in period, although investors can make partial withdrawals. After three years, NPS allows for partial withdrawals from the account. You can seek withdrawals of up to 25% ...

has issued new rules for implementing the Unified Pension Scheme (UPS) under the National Pension System (NPS). These rules, called “Pension Fund Regulatory and Development Authority ...

The PFRDA has notified the Unified Pension Scheme for central and state government employees. We explain all you need to know — from the date, eligibility, enrollment forms, and more.