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What is NPS - Vs - UPS about?

The document compares the National Pension System (NPS) and the Unified Pension Scheme (UPS) in India, highlighting their key features, eligibility, and benefits. NPS, implemented in 2004, is a market-linked contributory scheme, while UPS, introduced in 2024, combines elements of the old pension scheme and NPS, offering assured pensions and inflation protection. The document outlines the structural differences, tax benefits, and withdrawal options for both schemes to aid customers and employees in making in

Author

Sayantan Hati

Language

EN