What is DR in UPS Pension Scheme DR, whose full form is Dearness Relief, is a component paid along with the pension which is provided to pensioners to compensate for inflation and rising needs of life. DR is similar to dearness allowance (DA), which is provided to employees. DR is revised by the government from … Read more
Before shifting from NPS to UPS, it is important to know about NPS and UPS in detail. Here we will know what will happen to NPS, NPS corpus, NPS fund, NPS contribution after UPS? And we will know who is best between UPS and NPS? What is NPS? NPS is a pension scheme implemented from … Read more
In this article we will learn about the new pension scheme UPS, family pension, eligibility, pension amount, and how to claim pension. What is UPS? On August 24, the new pension scheme UPS was launched by RBI Governor Shaktikanta Das which will be effective from April 1, 2025. The Unified Pension Scheme has had to … Read more
Unified Pension Scheme (UPS) is the latest pension scheme launched by the Government of India for government employees. Its objective is to consolidate the various existing pension systems into a single, harmonious framework and ensure stability, dignity, and financial security of government employees. The UPS Pension Scheme guarantees a fixed minimum pension. Due to which … Read more