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 ...

File image of Finance Minister Nirmala Sitharaman. She is set to launch the centre’s NPS Vatsalya scheme today. (PTI Photo / R Senthilkumar) Finance Minister Nirmala Sitharaman is scheduled to ...

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 ...

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 ...

OPS vs NPS vs UPS Pension Calculations: In the Old Pension System (OPS), employees invest 10 per cent of their monthly salary along with basic and dearness allowance, while the government contributing ...

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.

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 ...

This initiative is specifically designed for the current participants of the New Pension System (NPS), including those who have retired. (Image: Freepik) Pensions have historically played a vital ...

To provide its employees with an alternative to the current National Pension System (NPS), the government recently unveiled the Unified Pension Scheme (UPS). Government employees hired after 2004 ...

Only employees who are currently subscribers of the New Pension Scheme (NPS), including retirees, will be allowed to opt for the UPS. The question is: should you switch from the NPS to the UPS?

Also Read Karnataka govt puts on hold Bill mandating local jobs quota in pvt sector With the addition of all these features, it marks the transformation of the National Pension System (NPS), which ...

As the Centre has introduced the option to choose between UPS and NPS from the next financial year, here are the key differences between the two schemes. The people who have opted for the National ...