This opportunity is for those government employees who have joined the services between April 1, 2025 and August 31, 2025.
The Pension Fund Regulatory and Development Authority (PFRDA) has extended the one-time option to opt for the Unified Pension Scheme (UPS) for Central Government employees who joined service between April 1, 2025, and August 31, 2025. The UPS for eligible Central Government employees was notified by the Ministry of Finance, Government of India, through Notification No. F. No. FX-1/3/2024 PR dated 24.01.2025. The PFRDA is a regulatory body under the Ministry of Finance, Government of India.
Opportunity to opt for UPS until September 30, 2025
In light of recent clarifications and developments in the scheme, the Central Government has now decided to extend the one-time option to join the Unified Pension Scheme to Central Government employees who joined service on or after April 1, 2025, and up to August 31, 2025, and who have opted for the National Pension System (NPS). This option to join UPS can be exercised until September 30, 2025, in line with the earlier cut-off date for other eligible categories under UPS.
Option to switch to NPS even after opting for UPS
This initiative aims to provide Central Government employees with an informed choice in planning for their post-retirement financial security. By opting for UPS, employees can also choose to switch to NPS later.
UPS became effective nationwide on April 1, 2025.
UPS is a pension scheme launched by the Government of India, effective April 1, 2025. This scheme is available to central government employees as an option under the National Pension System (NPS). It is designed to provide assured, inflation-indexed, and adequate retirement benefits, addressing concerns about long-term financial security and pension predictability.
