UPS

Unified Pension Scheme Explained: How India Is Reshaping Government Retirement Benefits

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The Old Pension Scheme (OPS) has once again turned out to be a hot topic of interaction among the government employees all over India. The OPS was axed for the central government staff as of the 1st of January, 2004, and the NPS (National Pension System) was introduced instead. Under the OPS scheme, the employees … Read more

Unified Pension Scheme 2025: 50% Of Last Salary As Lifetime Pension Explained

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The Unified Pension Scheme (UPS) is a fresh retirement plan that is meant to give central government employees a set and certain income after retirement. The scheme which starts from April 1, 2025, intends to fill the void left between the Old Pension Scheme (OPS) and the National Pension System (NPS), along with providing a … Read more