UPS like pension for private sector employees? How NPS plus EPF can get you regular income like Unified Pension Scheme; check calculation

While government employees got their much awaited demand met as government launched a new pension scheme called Unified Pension Scheme which offers half of the last year average basic salary as starting pension. Private sector employees can do much better and get a higher regular income during their retirement that too only with mandatory EPF and NPS contribution if they can can plan it well.
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