Unified Pension Scheme vs OPS vs NPS: How is UPS different from National Pension Scheme, Old Pension Scheme?
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The Modi government has introduced the Unified Pension Scheme (UPS) effective April 1, 2025, for central employees who joined post-January 1, 2004. It guarantees a 50% of basic salary pension. Employees can choose between UPS and NPS, the latter being market-linked.
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