Central government employees can now opt for Unified Pension Scheme (UPS) apart from National Pension System (NPS). Employees who are already getting their pension under NPS can also move to UPS.

The Social Security Fairness Act removed restrictions on benefits for people with government pensions. If you're one of them, ...

The finance ministry announced on Monday that the deadline for government employees to opt into the Unified Pension Scheme (UPS) has been extended by three months, now set for September 30. This ...

Unified Pension Scheme Last Date: In response to multiple requests from stakeholders, the government on Monday extended the deadline to opt for the Unified Pension Scheme (UPS) by three months ...

As 12.5 million people in the UK undersave for retirement, a delayed pension adequacy review raises important questions. While today’s retirees are relatively well-off, the same may not hold true for ...

Service gratuity Government employees with less than 10 years of service are not entitled to get a monthly pension, but they are entitled to get a service gratuity. The admissible gratuity amount in ...

These 6 government-backed schemes offer both: capital protection and inflation-beating returns. Each serves a specific purpose: income generation, child-focused savings, or retirement planning.

HM Treasury said: "From 2025/26 Winter Fuel Payments will be payable in England and Wales at £200 for households including someone between State Pension age and 79, and £300 for households ...

The Unified Pension Scheme (UPS) now grants central government employees retirement and death gratuity benefits similar to the Old Pension Scheme, enhancing social security. Minister Jitendra Singh ...

If you’re in the dark about what retirement might hold for you financially, it’s worth using a pension calculator to give you a better understanding. These tools are designed to help you think about ...