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Last Updated:November 25, 2025, 2:04 PM IST Eligible employees and NPS subscribers can submit requests to opt for the UPS to nodal officers till the last date through the CRA system or via physical application. UPS is an option under the NPS. Unified Pension Scheme: Eligible central government employees have an option to switch from…
Last Updated:October 04, 2025, 09:52 is PFRDA plans major NPS changes, proposing three new pension schemes for flexibility and assured benefits. Feedback on the consultation paper is open until October 31, 2025. National Pension Scheme (NPS) is managed by PFRDA. The Pension Fund Regulatory and Development Authority (PFRDA) is planning to make major changes in…
Last Updated:September 18, 2025, 06:30 is PFRDA to launch Multiple Scheme Framework for NPS non-govt sector from Oct 1, 2025, offering diverse schemes and capped charges for subscribers. PFRDA introduces MSF under NPS. In a major overhaul to the National Pension Scheme (NPS), the Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Multiple…
Last Updated:July 25, 2025, 7:30 p.m. is Whether it’s a sudden medical expense or any unplanned big-ticket spending, an emergency fund could help to meet such unexpected financial needs. An emergency fund is a dedicated pool of money for unexpected expenses. (Photo Source: Freepik) Life is full of surprises, and emergencies can occur when we…
NPS investment has low equity exposure. The maximum percentage that can be invested towards equity shares or stocks is 75 per cent. SIP is a way through which you can invest a fixed amount in mutual funds of your choice. Mutual Funds offer a wide assortment of investment options. Depending on your risk appetite and…
The Congress on Sunday took a jibe at the Centre over its announcement of the Unified Pension Scheme, saying the ‘U’ in UPS stands for Modi government’s “U-turns”. The swipe came a day after the Union Cabinet approved an assured pension of 50 per cent of salary for those who joined the service after January…
Union Cabinet approved the Unified Pension Scheme. After extensive consultations and discussions, including with the JCM (Joint Consultative Mechanism), the committee has recommended the Unified Pension Scheme. Today, the Union Cabinet has approved the scheme. Unifed Pension Scheme Vs NPS: The Union Cabinet on Saturday approved the Unified Pension Scheme (UPS), for an assured pension…