Ups

UPS Pension Scheme Latest Update: Who Can Apply & How It Works

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Under UPS, eligible employees would be entitled to a pension that would give them more predictability than the usual NPS, which depends on investment returns and accumulation of corpus. It is thus designed to provide long-term financial security, linking benefits to basic salary and dearness relief, rather than being totally market-linked.  Eligibility, Latest Extension  Employees … Read more

Unified Pension Scheme 2025: Pension Benefits To Start Instantly After Voluntary Retirement

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The Unified Pension Scheme (UPS) is a fund first introduced by the Centre on the basis of the NPS framework, with effect from 1 April 2025. This system is a defined-benefit pension scheme, i.e., it provides assured amounts as pension and not entirely dependent on market returns.  The opportunities to choose UPS are open to … Read more