assured pension

Unified Pension Scheme: How much pension, tax details and how it stacks up against NPS and OPS

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Unified Pension Scheme: How much pension, tax details and how it stacks up against NPS and OPS

Government employees who choose the Centre’s Unified Pension Scheme (UPS) introduced on August 24 can expect a significant increase in their pension payments.  The government’s contribution under the UPS will rise to 18.5% from the current 14%, leading to a projected 19% increase in pensions for employees with a starting salary of Rs 50,000, according … Read more

UPS vs NPS vs OPS: Here are the key differences between the different pension schemes 

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UPS vs NPS vs OPS: Here are the key differences between the different pension schemes 

Unified Pension System: The Narendra Modi-led government has approved a new pension scheme, the Unified Pension Scheme, which will come into effect in the next fiscal year, i.e. FY2025-26. After facing much criticism for removing the Old Pension Scheme, the NDA government has introduced the Unified Pension Scheme, which amalgamates the advantages of the previous … Read more