UPS is applicable to the central government employees who are covered under the NPS and who choose this option under the NPS, which came into effect on January 1, 2004
Central government employees, currently under National Pension System (NPS), will have the option to switch to Unified Pension Scheme, which incorporates features from both Old Pension Scheme (OPS) and NPS
The Indian government's National Pension System (NPS) has recently gained popularity over the years. With NPS, individuals can contribute towards their retirement and build a corpus of funds to be used in old age.
