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Under UPS, subscribers will contribute 10% of their basic pay and dearness allowance on a monthly basis. NPS stands as a ...
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India Today on MSNUPS vs NPS: Which pension scheme should you opt forThe Unified Pension Scheme is the new retirement scheme effective April 1, 2025. It is for central government employees. If you're currently under NPS, you’ll have the option to shift to this new plan ...
Can an employee, who has earlier opted for the National Pension Scheme or the NPS shift to the UPS or the Unified Pension ...
UPS offers a guaranteed pension for life and 60% of it for the spouse. NPS, on the other hand, allows you to withdraw 60% of ...
From guaranteed pensions to market-linked returns—know the key features of both UPS and NPS before deciding what secures your ...
As employees evaluate retirement schemes like NPS and UPS, the decision-making process gets tougher, given their unique ...
The Unified Pension Scheme (UPS), which was opened for switching from the market -linked National Pension System ( NPS) on ...
Employees of the Central Government now have the option to sign up for the Unified Pension Scheme (UPS) under the National ...
Financial Services Secretary M Nagaraju on Thursday expressed hope that the Unified Pension Scheme (UPS), which promises an assured pension of 50 per cent of the average basic pay drawn over the last ...
According to Kumar, staying with NPS for 25 years could build a corpus of ₹2.25 crore. You could use 60% of that to draw ₹33,750 per month, increasing the payout by 3% annually.
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