Finance Ministry introduces one-time switch from Unified Pension Scheme to National Pension System for Central government employees.
The Finance Ministry on Monday (August 25, 2025) introduced a one-time, one-way switch facility from the newly introduced Unified Pension Scheme (UPS) to the National Pension System (NPS).
From April 1, 2025, the government has introduced UPS as an option under the NPS for Central government employees. UPS will provide assured payouts to the employees.
Finance Ministry extends UPS option exercise deadline to September 30, 2025 for government employees under NPS.
31,555 Central Government employees opt for Unified Pension Scheme with extended enrollment deadline of September 30, 2025.
Government of India has no plans to restore Old Pension Scheme for central government employees under NPS.
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