How is UPS Scheme different from National Pension Scheme and Old Pension Scheme: UPS vs NPS vs OPS?
UPS Scheme: The Modi government has introduced a new pension scheme called the Unified Pension Scheme (UPS Scheme) 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 UPS (UPS Scheme) comes … Read more