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Unified Pension Scheme (UPS) for govt employees: Eligibility, what’s new

The PFRDA has notified that the Unified Pension Scheme (UPS) for central government employees will become operational from April 1, 2025.

The UPS promises to give government employees an assured pension of 50% of their average basic pay drawn over the past 12 months, prior to superannuation.(Reuters)
Published on Mar 24, 2025 05:11 PM IST

Punjab to assess Unified Pension Scheme

A panel constituted to draft the standard operating procedure for the implementation of the OPS will study the new scheme notified by the Union govt last week

Punjab to assess Unified Pension Scheme
Published on Jan 31, 2025 05:16 AM IST
By, Chandigarh

NPS Vatsalya for minors to launch in two weeks, find all its details here

NPS Vatsalya, originally proposed in the Union Budget 2024 is a modified version of the National Pension System (NPS), designed specifically for minors

Under this scheme, parents or guardians can open an NPS account for their children, making regular contributions until the child turns 18. (Representational Image/Pixabay)
Published on Sep 06, 2024 12:25 PM IST

New pension scheme for minors in Union Budget 2024: Details and how to apply

Finance Minister Nirmala Sitharaman introduced a new type of pension scheme for minors where parents can contribute to their children's future retirement

NPS Vatsalya is a plan for minors where contribution can be made by parents and guardians. The scheme will be converted to regular NPS once the child attains the age of 18. (PTI)
Updated on Jul 25, 2024 09:06 AM IST

NPS to introduce new login rules today. Check step-by-step process

Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new security layer in the National Pension System (NPS).

Among the many fiscal matter to come into force are also key changes within the National Pension Scheme (NPS).(Image for representation/Reuters)
Updated on Apr 01, 2024 06:11 AM IST
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