Finvest
Unified Pension Scheme (UPS) is a government-backed retirement plan launched in 2025 to provide guaranteed monthly pensions, fixed returns, and lifelong income for retirees. It combines the features of multiple pension systems like NPS into one unified platform, ensuring financial security and stability after retirement. Under UPS, government employees receive a minimum monthly pension of ₹10,000 after 10 years of service, with the option of 50% of average basic pay for those completing 25 years. The scheme also offers tax benefits, portability, and partial withdrawal options, making it a comprehensive and reliable pension solution for India's workforce.
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