The UPS was launched on April 1 this year as an optional scheme under the existing NPS framework for central government ...
Using the NPS Pension Calculator, Investor A may build a corpus sufficient for basic retirement needs, while Investor B ...
This one-time choice will impact an estimated 2.3 million eligible workers & retirees. Missing the deadline will lock them into the NPS without any further options. The new UPS, which takes effect on ...
Government employees have just one day left to decide their retirement plan. The central government has introduced a new ...
As the September 30 deadline approaches, the central government employees must choose between the assured payouts of UPS and ...
It's deadline day for central government employees to switch from the market-linked National Pension System (NPS) to the newly introduced Unified Pension Scheme (UPS).
An overview of the NPS Tier I/II accounts, fund choices, eligibility, and withdrawal rules. Covers the 40% mandatory annuity purchase and 60% tax-free ...
All central government employees who were covered under the NPS as of 1st April 2025 are eligible to switch from NPS to UPS.
The reform unlocks fresh flexibility and tailored choices, but be prepared for market swings and stay disciplined for the ...
Under the old tax regime, NPS offers multiple deductions for both self and employer contributions. Get deduction up to 10% of salary (Basic + DA) under Sec 80CCD(1), within the ₹1.5 lakh limit of Sec ...
Unified Pension Scheme mirrors National Pension System's tax benefits; employees have time till Sept 30 to make switch ...
At 29, Priya, an employee with a private firm living in Pune, had been investing in the National Pension System (NPS) for several years. Like many young professionals, she viewed NPS as both a ...