🎉 UPS Pension Scheme Retirement – Your Golden Future Starts Here! 🎉
Everything you need to know about the UPS Pension Scheme Retirement in one vibrant page.
📌 UPS Pension Scheme Retirement – What & Why?
The UPS Pension Scheme Retirement is the Government of India’s newly launched Unified Pension Scheme (UPS) aimed at providing a secure, predictable monthly pension to central-government employees after superannuation. Unlike NPS, the UPS Pension Scheme guarantees 50% of the last drawn basic pay as pension, shielding employees from market fluctuations and ensuring dignity in retirement.
Key Highlights of UPS Pension Scheme
- Assured pension = 50% of average basic pay of last 12 months
- Minimum pension ₹10,000 per month
- Family pension & disability pension provisions
- Inflation-indexed Dearness Relief twice a year
- Employee contribution: 10% of basic + DA
- Government contribution: 18.5% of basic + DA
Read the official ClearTax explainer on UPS Pension Scheme Retirement for statutory references.
✨ UPS Pension Scheme vs NPS – Quick Comparison Chart
UPS Pension Scheme in Hindi (हिंदी में)
UPS pension scheme kya hai? यह एक एकीकृत पेंशन योजना है जो केंद्र सरकार के कर्मचारियों को रिटायरमेंट के बाद गारंटीड पेंशन देती है। इस योजना में कर्मचारी का योगदान 10% होगा और सरकार 18.5% का योगदान करेगी। पेंशन की गणना आपके अंतिम 12 महीनों के औसत वेतन के 50% के रूप में की जाएगी। UPS pension scheme hindi PDF download नीचे दिया गया है।
🧮 UPS Pension Scheme Retirement Calculator
📥 UPS Pension Scheme Downloads & Resources
❓ UPS Pension Scheme FAQ
What is UPS Pension Scheme exactly?
The UPS Pension Scheme is a defined-benefit pension system launched by the Government of India on 1 January 2024. It replaces the existing NPS for central-government employees and guarantees 50% of last drawn basic pay as monthly pension after retirement.
How is UPS Pension Scheme calculated?
Formula: Pension = (Average Basic Pay of last 12 months) × 50% × (Qualifying Service/33). Minimum assured pension is ₹10,000 per month.
What is the difference between NPS and UPS Pension Scheme?
NPS is market-linked and returns depend on NAV, whereas UPS Pension Scheme is a defined benefit with assured pension. UPS also provides inflation-linked Dearness Relief.
Is UPS Pension Scheme available in Marathi or Tamil?
Yes, translated booklets are available. The UPS pension scheme Marathi & Tamil PDFs can be downloaded from the official DoPT website.
Can I opt back into NPS after choosing UPS Pension Scheme?
No. Once opted into the UPS Pension Scheme, the choice is irrevocable.