Latest update on Old Pension Scheme (OPS): Millions of central and state government employees , except for those working in the Indian armed forces, have been demanding that the OPS be brought back. The National Pension System (NPS) was introduced for central government employees in January 2004, replacing the decades-old guaranteed non-contributory pension scheme OPS .

Twenty-one years later, on April 1, 2025, the Centre launched a new scheme called Unified Pension Scheme (UPS) amid central government employees’ demand for the restoration of the old pension plan. The UPS has some mixed features taken from the NPS and the OPS. It is a contributory scheme like NPS, but, at the same time, gives a guarantee of a pension just like the OPS, provided the employee spends a certain number of

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