PFRDA Extends One-time option for Central Government employees (who Joined services between 01.04.2025 and 31.08.2025) to opt for Unified Pension Scheme (UPS)
The Unified Pension Scheme (UPS) for eligible Central Government employees was notified by the Ministry of Finance, Government of India, vide Notification No. F. No. FX-1/3/2024 PR dated 24.01.2025.
In light of the recent clarifications and developments in the scheme, the Central Government has now decided to extend a one-time option to Central Government employees who joined services on or after 01.04.2025 and up to 31.08.2025, and who have opted for National Pension System, to migrate to the Unified Pension Scheme.
This option may be exercised on or before 30.09.2025, in alignment with the cut-off date already prescribed for other eligible categories under UPS.
This initiative aims to provide informed choice to Central Government employees in planning their post-retirement financial security. By opting for UPS, the employees retain their choice for switch to NPS at a later date.
Note: The last date for eligible employees and past retirees under NPS to opt for UPS is September 30, 2025.
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