Question

How does the Unified Pension Scheme (UP

  • S , introduced by the Odisha government, differ from the National Pension System (NP
  • S ?
A UPS allows pension benefits only for government employees after retirement
B UPS provides assured pensions, while NPS depends on market-linked returns
C NPS guarantees a fixed pension, whereas UPS does not
D UPS applies to both private and government employees, unlike NPS
E UPS is optional, whereas NPS is mandatory for all employees
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