NPS vs UPS calculator

How the two schemes work

NPS

• You contribute 10% of (basic pay + DA) and the Government adds 14%.
• At retirement at least 40% of the corpus buys an annuity (monthly pension); up to 60% can be taken as a tax-free lump sum.
• The pension depends on market returns and the annuity rate, and usually does not rise with inflation.

UPS (from 1 April 2025)

• You contribute 10% and the Government 10% to your own account, plus about 8.5% to a pooled fund.
• Assured payout after 25 years of service = 50% of the average basic pay of the last 12 months; proportionate between 10 and 25 years; at least ₹10,000 a month with 10 years of service.
• The payout gets Dearness Relief. The spouse receives 60% as a family payout.
• Plus a lump sum: 1/10 of (basic pay + DA) for every completed six months of service.
• Your account moves to the pool at retirement (you can withdraw up to 60%, but the payout then falls in proportion).

This calculator assumes you withdraw nothing under UPS, your corpus matches the benchmark, and your average basic pay over the last 12 months equals your final basic pay. Choosing UPS is final and cannot be reversed; confirm with your office before deciding.