The Central Government has extended the one-time option for central government employees to join the Unified Pension Scheme (UPS) until September 30, 2025. This is for employees who joined service between April 1 and August 31, 2025. The option to return to NPS in the future will remain available even after choosing UPS.
Pension Scheme: The Government of India has extended the one-time option for its central employees to join the Unified Pension Scheme (UPS) until September 30, 2025. This opportunity is for employees who joined service between April 1, 2025, and August 31, 2025, and who had previously opted for NPS. UPS, a pension scheme implemented from April 1, 2025, offers assured, inflation-indexed, and long-term financial security. Employees will have the option to revert to NPS in the future even after choosing UPS.
What is UPS and who is it for
The Unified Pension Scheme (UPS) is a pension scheme launched by the Government of India for its central employees. This scheme became effective from April 1, 2025. UPS has been introduced as an optional scheme under the National Pension System (NPS). Its aim is to provide employees with financial security and predictable pension benefits after retirement. The scheme is designed to provide assured, inflation-indexed, and adequate retirement benefits.
PFRDA, a regulatory body working under the Ministry of Finance, Government of India, is responsible for implementing and monitoring pension schemes like UPS and NPS. Through this, the government ensures that employees are economically secure even after retirement.
Extended Date for One-Time Option
The one-time option to join UPS has now been extended until September 30, 2025. This opportunity is for employees who joined central service on or after April 1, 2025, and up to August 31, 2025, and who have chosen NPS. By joining under UPS, employees can further strengthen their pension security.
The option to move to NPS will remain available even after joining UPS. This means employees can continue to contribute under NPS in the future if they wish. This flexibility allows employees to manage their financial planning and retirement security.
Benefits of Joining UPS
Employees joining UPS receive several benefits. Firstly, the scheme provides assured and stable pension. Additionally, it includes inflation-linked benefits, which help maintain economic stability in living expenses after retirement.
Through this scheme, employees can ensure long-term financial security and predictability of their pension. This facility is particularly beneficial for those employees who wish to secure their financial future after retirement.
How to Apply Under UPS
Employees can contact their departmental authorities to join UPS. The application process under the one-time option is simple and straightforward. Employees can choose UPS within the stipulated deadline of September 30, 2025.
The necessary documents and procedures for joining this scheme are made available at the departmental level as per PFRDA's instructions. Employees can apply through online or offline modes.
