Unified Pension Scheme (UPS)

Source:  DD News Context: The finance ministry has notified the operationalization of the Unified Pension Scheme (UPS) as an option under the National Pension System (NPS) for central government employees, effective from April 1 of 2025. About Unified Pension Scheme (UPS): What is it? The Unified Pension Scheme (UPS) is a contributory pension scheme offering …