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In a major step towards ensuring transparency and fairness in welfare distribution, the Uttar Pradesh government has started ...
NPS is a government-backed retirement savings scheme that not only helps individuals build a retirement corpus but also ...
The State Pension is paid out to people aged 66 or over who have made at least 10 years of National Insurance (NI) contributions ...
Your DB pension will typically come to an end when you die if your spouse or civil partner is not listed with it - unless ...
Governor Lucky Aiyedatiwa has announced that Ondo State is actively exploring avenues to utilise pension funds for ...
There are two schemes for the State Pension, basic and new, with different eligibility rules depending on when you were born ...
Can an employee, who has earlier opted for the National Pension Scheme or the NPS shift to the UPS or the Unified Pension ...
An online petition calling for the UK Government to double the New State Pension from £11,502 a year to £22,000 has garnered ...
The calls come as Labour has pledged to increase the State Pension by an annual triple lock guarantee until 2027 ...
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India Today on MSNUPS vs NPS: Which pension scheme should you opt forThe Unified Pension Scheme is the new retirement scheme effective from April 1, 2025. It is for central government employees.
Under UPS, the government puts in 10% of your basic salary and dearness allowance and adds another 8.5% to your pension pot.
According to Kumar, staying with NPS for 25 years could build a corpus of ₹2.25 crore. You could use 60% of that to draw ₹33,750 per month, increasing the payout by 3% annually.
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