Tag Archives: National Pension System

The finance ministry has extended the deadline for central government employees to choose between the Unified Pension Scheme (UPS) and the National Pension System (NPS) by three months, from June 30 to September 30, 2025.The move comes after various stakeholders, including employee unions and retirees’ associations, sought more time to assess their options. The UPS, which came into effect on …

Are you a central government employee looking to secure financial stability after your retirement but fear NPS is too risky? There is a major decision awaiting for you. On April 1, 2025, the central government rolled out a new pension scheme for its workers, called the Unified Pension Scheme or UPS which offers to provide a fixed pension to employees …

NEW DELHI: Centre has notified Unified Pension Scheme for central govt employees, offering assured payouts, along with inflation adjustments, to those who complete 25 years or more of service. Employees have been given a one-time option to switch to the UPS, which will come into effect in April. In the 25 year-plus category, the payout will be 50% of the …

Budget 2025 NPS tax benefits: he Section 80CCD(2) deduction limit warrants an increase. (AI image) Budget 2025 NPS expectations: Finance Minister Nirmala Sitharaman should look to make the National Pension System (NPS) more attractive for investors, believe financial experts. There is expectation among financial experts that in the Union Budget 2025 speech, FM Sitharaman will announce some changes in NPS.According …

MUMBAI: The systematic withdrawal scheme introduced under the National Pension System (NPS) provides retirees with a facility to deploy their retirement corpus and have their funds managed in a cost-efficient manner.The NPS has already demonstrated its ability to outperform most retirement funds in terms of returns. Previously, a subscriber, on exit from NPS, did not have the option to systematically …