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Unified Pension Scheme or UPS vs NPS: Which will help central government employees to build a bigger retirement corpus?

This new pension vehicle is clearly aimed at addressing the perceived shortcomings of the NPS among a large swathe of government employees. When the NPS was first introduced in 2004, it completely revamped the prevailing pension architecture, now referred to as the Old Pension Scheme. Though UPS promises guaranteed, inflation-linked pension, NPS offers the potential of a bigger corpus.

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