The new UI font keywords recently added to Fonts 4 includes ui-monospaced (note the "d" at the end). In contrast, the existing generic keyword is monospace (no "d").
There is already lots of potential for authoring confusion over whether to include the "d" at the end of monospace or not, because both terms are used interchangeably in typography (monospace font or monospaced font). I don't think it is helpful to have two keywords in CSS with different grammatical inflections, it will make it that much harder to remember which version is correct.