How is Unified Pension Scheme different from National Pension Scheme and Old Pension Scheme: UPS vs NPS vs OPS?
Unified Pension Scheme: The Modi government has introduced a new pension scheme called the Unified Pension Scheme / UPS Pension Scheme (UPS) for Central Government employees who joined the service after January 1, 2004. This scheme, which will be implemented from 1st April 2025, guarantees a pension equal to 50% of the basic salary. That decision to introduce … Read more
