Unified Pension Scheme (UPS)
Why in the News? The Centre has approved the Unified Pension Scheme, starting Apr 2025, with NPS employees allowed to switch till Sept 30, 2025. About Unified Pension Scheme (UPS): Launch & Applicability: Announced in August 2024; implemented from 1 April 2025. Applicable to central govt employees who joined service after 1 January 2004 (those… Continue reading Unified Pension Scheme (UPS)