UPS vs NPS: Which pension scheme is better for central government employees?
Last Update Date: 2025-04-09T18:30:00.000Z
Published by mint
The National Pension System (NPS) is a market-linked, defined-contribution scheme regulated by PFRDA, offering flexible investments and partial lump-sum withdrawals at retirement. The Unified Pension Scheme (UPS) is a new contributory option under NPS (effective April 2025) providing assured pensions (50% of average last 12-month basic pay for 25+ years of service) with government contributions (18.5%) and inflation-indexed benefits. While NPS depends on market returns, UPS guarantees fixed payouts for central government employees
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UPS vs NPS: Which pension scheme is better for central government employees?
