Important news for central government employees, the decision to choose NPS from UPS has to be made by this date.

Switch from UPS to NPS: The government has started the facility of a one-time, one-way switch for those central government employees who want to return from Unified Pension Scheme (UPS) to National Pension System (NPS).

Switch from UPS to NPS: The government has started the facility of one-time, one-way switch for those central government employees who want to return from Unified Pension Scheme (UPS) to National Pension System (NPS). The Finance Ministry has said in a statement that eligible employees and those who have retired under NPS can join NPS from UPS till September 30, 2025. This facility will be available once and after this it will not be possible to return to UPS again.

The ministry has laid down some conditions

The ministry also said that employees who choose to remain in NPS cannot opt for UPS after September 30, 2025. The ministry has laid down some conditions for switching from UPS to NPS. These conditions are- Eligible employees can switch to NPS only once and cannot switch back to UPS. The employee must choose this option at least one year before retirement or at least three months before voluntary retirement (VRS). Apart from this, employees against whom disciplinary proceedings are going on will not be able to avail this facility.

What is Unified Pension Scheme (UPS)?

Unified Pension Scheme (UPS) is an option for central government employees coming under the National Pension System (NPS) so that they can get an assured payment after retirement. UPS has come into effect from April 1, 2025.

Who is eligible for UPS?

Central government employees covered under NPS are eligible to apply for UPS before the deadline. The deadline to opt for UPS is September 30, 2025 for employees and pre-retirees eligible under NPS.

When can you switch from UPS to NPS?

Employees who had initially opted for UPS are now being given the opportunity to switch back to NPS, but only if they meet certain conditions.

What is the minimum assured payment under UPS?

The monthly minimum pension under this scheme is Rs 10,000. Under the scheme, the employee will be given pension based on his period of service. If an employee completes 3 years or more of service, he will get 50% of the average basic salary of the last 12 months as pension. At the same time, for those who serve for 10 to 25 years, the pension amount will be fixed in proportion to the years of service.