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Looking for online definition of OPS or what OPS stands for? OPS is listed in the World's most authoritative dictionary of abbreviations and acronyms Before the introduction of the NPS in 2004, all government employees were covered under the Old Pension Scheme ( OPS ). The OPS provided a guaranteed pension amount for government employees with at least ten years of service based on the last basic salary they received and the years of service. India offers different pension schemes for government employees and citizens to ensure financial security in their post-retirement years. The main pension schemes are the Unified Pension Scheme (UPS), National Pension System (NPS), and the Old Pension Scheme ( OPS ). Compare UPS, NPS, and OPS schemes in India for 2025. Get insights on benefits, eligibility, returns, and which pension plan suits your long-term financial goals.
