Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Unified Pension Scheme comes into effect from April 1
The New Indian Express Kozhikode
|April 02, 2025
THE central government employees have now more options to choose from on the pension front, as the Unified Pension Scheme (UPS) comes into effect from Tuesday (April 1).
The scheme was announced in August 2024 to reduce the pension liabilities on the exchequer.
As of March 1, 2025, there were 36.57 lakh central government employees and 33.91 lakh pensioners. The demand under the Old Pension Scheme (OPS) was ₹2.07 lakh crore in FY23. The government pays 50% of the average of last 10 months' pay as pension in the OPS.
NPS and UPS difference
The key difference lies in the pension guarantee and investment approach. While the NPS is market-linked with potentially higher returns but no guaranteed pension, the UPS offers a guaranteed minimum pension.
Dit verhaal komt uit de April 02, 2025-editie van The New Indian Express Kozhikode.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Kozhikode
The New Indian Express Kozhikode
Engineering exports fall 16% in Oct; traders seek faster EPM execution
INDIA’ engineering goods exporters are seeking faster implementation of the Export Promotion Mission (EPM) as export performance continues to weaken — and US tariffs are not the sole driver of the decline.
1 min
December 01, 2025
The New Indian Express Kozhikode
Chinese firm to print Nepal's currency notes
A Chinese security printing press has received a contract to print Nepal’s bank notes of various denominations, including for the latest NRs 1,000, a central bank official said Sunday.
1 min
December 01, 2025
The New Indian Express Kozhikode
TECH-LED POLICE REFORMS KEY FOR VIKSIT BHARAT: PM
PRIME Minister Narendra Modi on Sunday urged the police forces to change the way they work and are perceived by the public, stressing the need for greater professionalism, empathy, and quicker response time.
1 min
December 01, 2025
The New Indian Express Kozhikode
CAMPUS, CULTURE, CHANGE, AT IIM-C
Across academics, partnerships, student activities, and research interests, IIM-C continues to define its contemporary identity
4 mins
December 01, 2025
The New Indian Express Kozhikode
After Delhi blast connection, Nuh linked to MP cybercrimes
HARYANA'S Nuh district, which is under glare as an operational base of the ‘white-collar’ terror module linked to 10/11 Delhi blast case, has also come out as the nucleus of Madhya Pradesh’s biggest-ever interstate cybercrime ring.
1 mins
December 01, 2025
The New Indian Express Kozhikode
SHOULD WE INVEST IN INDIAN EQUITIES
FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.
2 mins
December 01, 2025
The New Indian Express Kozhikode
₹10 lakh fine, three years of jail in paper leak cases, organised cheating in HP
HIMACHAL Pradesh has enacted one of the strictest laws in the country to curb paper leaks and organised cheating in recruitment examinations by making the offences non-bailable and cognisable fetching three years’ jail term.
1 min
December 01, 2025
The New Indian Express Kozhikode
Omar, BJP refuse to take blame for controversial demolitions in Jammu
AS Chief Minister Omar Abdullah and Lt Governor Manoj Sinha have denied their involvement in the recent demolitions of houses in Jammu and Kashmir, the question arises who ordered the demolitions.
1 min
December 01, 2025
The New Indian Express Kozhikode
BJP dismisses claims as 'baseless, false'
Hitting back, BJP says company sold for just ₹50 lakh
1 mins
December 01, 2025
The New Indian Express Kozhikode
In 2025, IPOs set to cross ₹2 lakh crore
WITH 11 more IPOs — including three mainboard issues aiming to mop up 26,644 crore —hitting the market this week, the primary market has already surpassed the 21.59 lakh crore raised in the whole of last year.
1 mins
December 01, 2025
Listen
Translate
Change font size