pension reforms

Unified Pension Scheme (UPS): How it might stand out to be more beneficial than other schemes at retirement

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Unified Pension Scheme (UPS): How it might stand out to be more beneficial than other schemes at retirement

The newest pension scheme for the government employees — Unified Pension Scheme’s primary objective is to consolidate various pension systems existing in the country into a unified framework. The initiative serves as a clear demonstration of PM Narendra Modi’s steadfast dedication to driving reform efforts that promote sustainable fiscal practices and safeguard the welfare of … 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