The Unified Pension Scheme (UPS) offers government employees a more secure retirement plan compared to the National Pension Scheme (NPS). UPS provides a guaranteed pension, family pension ...

National Pension System (NPS) is a defined contribution pension system. NPS schemes have two options. Tier 1 and Tier 2. Tier 1 has a longer lock in period (15 years for even partial withdrawal ...

NPS Vatsalya is the newly launched, extended version of NPS. In the scheme, parents and guardians can open an NPS Vatsalya account for minors. Deepak Mohanty, Chairman, PFRDA, said, "The pension ...

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NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65.(HT File/ Representative Purpose) Starting in the next financial year ...

The National pension system (NPS) is a contributed retirement planning scheme, which is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and the Union Government of India.

NPS Vatsalya is billed as a long-term wealth creation instrument that parents can use to secure their children's financial future Finance Minister Nirmala Sitharaman on September 18 rolled out ...

It guarantees a 50% of basic salary pension. Employees can choose between UPS and NPS, the latter being market-linked. Central government employees have the option to choose between UPS and NPS.

The much-anticipated online application portal for the NPS Vatsalya scheme, which is only available to young people, was unveiled by Union Finance Minister Nirmala Sitharaman. Parents or guardians ...

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UPS vs NPS vs OPS: For a long time, government employees have been demanding either amendment to the New Pension Scheme (NPS) or the reinstatement of the Old Pension Scheme (OPS). The ...