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Last Updated:September 17, 2025, 12:13 is The UPS, which was notified by the government on January 24, is an option under the National Pension System (NPS) which provides assured pension income like old pension scheme. The unified pension scheme (UPS) has been notified as an option under the NPS. The Pension Fund Regulatory and Development…
Last Updated:June 23, 2025, 19:18 is The finance ministry extended the deadline for opting into the Unified Pension Scheme (UPS) to September 30, 2025. The UPS starts April 1, 2025, with assured pension benefits. UPS has been notified as an option under the NPS. The finance ministry on June 23 said it has extended the…
Last Updated:June 18, 2025, 19:19 is Jitendra Singh, the Minister of State for Personnel, says the new provision reflects government’s commitment to ensure social security for all categories of employees under NPS. UPS has been notified as an option under the NPS. All central government employees part of the Unified Pension Scheme (UPS) will now…
Unified Pension Scheme Notification 2025: The Union Finance Ministry has announced the implementation of the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for Central Government employees, effective April 1. The initiative aims to ensure financial security and stability for employees after retirement. This new scheme integrates features of both…
Last Updated:January 25, 2025, 6:36 PM IST This Unified Pension Scheme (UPS), which combines aspects of both the Old Pension Scheme (OPS) and the National Pension System (NPS), aims to provide employees with a guaranteed pension, offering financial stability and dignity after retirement. Unified Pension Scheme: Know Eligibility, Benefits, Payout Calculation, Other Aspects. In a…
Unified Pension Scheme: On one hand, there is an atmosphere of enthusiasm among government employees about UPS i.e. Unified Pension Scheme… on the other hand, the opposition is seen on the back foot due to this decision of the Modi government…. because UPS is a big master stroke of the Modi government amidst the long…
Reported By: Pallavi Ghosh Last Updated: August 26, 2024, 10:06 IST Additional Secretary in Finance Ministry Parama Sen said UPS was not a U-turn and the government studied and realised that it needed to bring these changes. Parama Sen, Additional Secretary in the Ministry of Finance, said, “Every country has acknowledged that something on the…
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…