What is Unified Pension Scheme (UPS)? How is it different from NPS? | Economy

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In this video, we explain the Unified Pension Scheme (UPS), highlighting its key features and how it differs from the National Pension System (NPS). We explore the economic implications of both schemes, focusing on their benefits, eligibility, and impact on retirement planning. This analysis is essential for understanding India's evolving pension landscape and is highly relevant for UPSC aspirants. Join StudyIQ IAS as we break down these pension schemes to enhance your economic knowledge for competitive exams.

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[NAYAK_]

Stop giving pensions to MLA, MP, CMs

[sumankumar-fxzs]

Not 50% of salary, it's 50% of basic salary. Kindly give correct information... most people watching you.

[jyotisankarbarik]

Stop pensions MP, MLA, politician with judiciary department

[santoshmishra]

मैं ट्रक व्यवसाय से जुड़ा हूं आप लोग कभी ट्रक व्यवसाय को लेकर कोई वीडियो बनाया आज यह व्यवसाय इतना बुरा दौर से गुजर रहा है हम ट्रक खरीद कर पछता रहे हैं हम इसको चलाया कैसे जाएं पूरे रास्ते टोल से भर दिया गया है ऑयल प्राइस इतना हाईक पर हैं पुलिस पूरे रास्ते परेशान करती हैं गाड़ियों के लिए भाड़ा नही हैं गाड़ी का खर्चा .. 1 ऑल इंडिया परमिट 2 फिटनेस 3 पॉलिशन 4 इंश्योरेंस 5 स्टेट टैक्स 6 स्टेट परमिट 7 पुलिस इत्यादि और भी हैं अभी माइंड में आ नही रहा हैं इसके बड़े भी इस बिजनेस को लेकर सरकार को कोई मतलब नही हैं plz कुछ सोचिए अप लोग ।

[YashpalSingh]

Wrong info regarding contribution
NPS -
10% Employee contribution
14%- Government contribution

New proposed contribution of govt is 18.5%

[ToseemRaja-]

Wrong analysis
Ups : 50% of basic pay
Ops : 50% of last salary drawn
Basic pay<<< last salary drawn

[tejrajharpal]

OPS agar itna burden create kar raha hai to ye MP, MLA ko OPS kyun mil raha

[JitendraYadav-seeg]

News is temporary but offer is permanent😂

[learner]

4:55 Little correction : it is the basic pay which is different from pay. If a person's salary is 1 lakh per month, basic pay is always less like it could be 50k. And then allowances are given such as medical allowance, HRA, DA etc and salary increases to 1 lakh. So, government will consider basic pay only which means pension will be around 25k( if average basic pay of 12 months is 50k).

[KrishnaYadav-svoz]

What about private employees
They also want secure there old age
• Gov should increase gratuity
• assured Epfo pension, today its only 4k to 5k
System are unfair for hard working private employees even they are contributing

[naveengupta]

What about the Private Employee who earns 15, 000- 20, 000 per month working 10hrs per day but no one cares Government implementing the same law for the Private Employees.

[surendrabhaskar]

🔴🔴🔴 Wrong info alert: last 12 month ki salary ka 50% nahi milega, sirf basic pay ka 50% milega.
Employee contribution ka Lumpsum payment nahi milega uski jagah salary ka 10% multiply by twice the years of service milega jo ki Lumpsum payment ka 10% bhi nahi hoga.
Sir I watch your videos for detailed and correct explanation please cross check your data before making videos and provide full info.

[gkgsknowledge]

Corporate/ Pvt sector -
. Biggest job provider ✅
.pay huge taxes✅
. Respect in society ❌
. Support from govt ❌

[santosh]

Wrong analysis, only 50% of basic (not salaries 50%)

[sumitraj]

आप गलत बोल रहे हो... NPS में employees का 10% ही कटता है government 14% देती है.. आपसे इतनी बड़ी गलती की उम्मीद नहीं थी... अच्छे से research करके वीडियो बनाया करें..

[ruin]

Sell this country for cheap politics and freebies

[MOHITKUMAR-qxi]

साहब
1.retirement मे कितना मिलेगा और कैसे मिलेगा?
2. अब तक NPS मे पैसों का क्या होगा, और वो कितना जमा माना जाएगा मतलब की कटे हुए पैसों को डबल के हिसाब से मना जाएगा या नहीं?
3. Ops की तरह क्या कर्मचारी अपनी जमा हुई पेंशन निकाल सकेगा? अगर निकाल सकेगा तो कितना और किस प्रकार ?
4.ग्रेजुटी का क्या हिसाब रहेगा?

इन सभी सवालो का जवाब क्या है।

[JagadeeshPN]

Who will give all this money.. During their tenure what are these so called government employees doing...
On top of it we all know what kind of service we as citizens get..
Hats off to Raga and opposition..

[Sectornoida-ob]

Ha ab country ki economy pr koi pressure nhi pdega. Sab nautanki ki baatein h. Private middle class se tax lekar sarkari babuo ko pension do.
Ye sab ek hi thaali ke chatte batte h chahe BJP ho ya Congress kuchh faraq nhi h. Sab k sab