The Pension Fund Regulatory and Development Authority (PFRDA) has extended the one-time option to join the Unified Pension Scheme (UPS) for Central Government employees who started 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.
PFRDA is a regulatory body under the Ministry of Finance, Government of India.
UPS Option Extended Until September 30, 2025
The Central Government has extended the one-time option to join the Unified Pension Scheme (UPS) for employees who joined service between April 1, 2025, and August 31, 2025, and have opted for the National Pension System (NPS). Employees can choose to join UPS until September 30, 2025, following the earlier cut-off for other categories.
Option to Switch to NPS Later
This move gives Central Government employees more choice for their post-retirement financial planning. Employees who join UPS can later switch to NPS if they wish.
UPS became effective nationwide on April 1, 2025. It is a pension scheme under the Government of India and is available to central government employees as an option under NPS. UPS provides assured, inflation-linked, and adequate retirement benefits to ensure long-term financial security and predictable pensions.