試す 金 - 無料
Centre Allows One-Time Switch to NPS from UPS
Financial Express Lucknow
|August 26, 2025
Deadline for switching to UPS extended till September 30
TO INCREASE THE acceptability of the guaranteed unified pension scheme (UPS) among its 2.7 million-strong staff, the Centre on Monday said it will allow a one-time, one-way switch facility from UPS to the market-linked national pensions system (NPS), as the staff are weighing the cost-benefit between the two schemes.
The tepid response to UPS has forced the government to extend the deadline for switching from NPS to the scheme by three months, till September 30, 2025.
It was rolled out from April 1 with an initial deadline of three months. Just around 1% staff had exercised the option. Staff were dithering to exercise the UPS switch option as it was irreversible, and they weren't sure which scheme would be beneficial for them.
このストーリーは、Financial Express Lucknow の August 26, 2025 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Financial Express Lucknow からのその他のストーリー
Financial Express Lucknow
TN stampede: CBI quizzes TVK chief Vijay for 6 hours
ACTOR-POLITICIAN TO BE CALLED AGAIN BY PROBE AGENCY
1 mins
January 13, 2026
Financial Express Lucknow
Gold and silver storm to records
GOLD AND SILVER climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns over the central bank's independence.
1 min
January 13, 2026
Financial Express Lucknow
UK investigates X over Grok deepfake concerns
UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.
1 min
January 13, 2026
Financial Express Lucknow
Germany pledges €1.24-bn boost for green partnership
INDIA AND GERMANY on Monday signed and exchanged 27 memoranda of understanding (MoUs) and joint declarations of intent, and made eight key announcements here.
1 min
January 13, 2026
Financial Express Lucknow
Balance sheets don't fully reflect bank risks: Deputy guv
BANKING SUPERVISION CAN no longer rely only on balance sheets and compliance checklists as digitisation reshapes risks, Reserve Bank of India (RBI) Deputy Governor Swaminathan J has said, calling for a sharper focus on operational resilience, third-party dependencies and customer protection.
1 min
January 13, 2026
Financial Express Lucknow
Apple tops 2025 smartphone mkt
GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.
1 min
January 13, 2026
Financial Express Lucknow
Retail inflation rises to 1.33% in December
INFLATION, MEASURED BY the consumer price index (CPI), rose to 1.33% in December from a series low of 0.25% in October and 0.71% in November, largely on account of narrowing of food deflation and waning of a favourable base.
1 min
January 13, 2026
Financial Express Lucknow
Anup Saha joins Kotak Bank as whole time director
KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.
1 min
January 13, 2026
Financial Express Lucknow
BSE, IFCI stocks surge on NSE IPO expectations
STOCK PRICES OF the BSE and IFCI surged on Monday on hopes of the listing of the National Stock Exchange (NSE), which is the highest-valued company in the India unlisted space.
1 mins
January 13, 2026
Financial Express Lucknow
Battery plant plans back on track: RIL
RELIANCE INDUSTRIES ON Monday said its plans for battery storage manufacturing remain unchanged and are progressing in line with target timelines.
1 min
January 13, 2026
Listen
Translate
Change font size