UPS, NPS or Old Pension: What Each One Actually Pays You

UPS promises 50% of your last 12 months' average basic pay after 25 years of service

NPS pays whatever your market-linked corpus grows to — no guarantee, but bigger upside

The old pension scheme is shut to anyone who joined service on or after 1 January 2004

Under UPS the government puts in 18.5% of pay; under NPS it contributes 14%

The one-time NPS-to-UPS switch window has largely closed; new recruits choose at joining

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