The UPS was launched on April 1 this year as an optional scheme under the existing NPS framework for central government ...
This one-time choice will impact an estimated 2.3 million eligible workers & retirees. Missing the deadline will lock them into the NPS without any further options. The new UPS, which takes effect on ...
The employees can switch to NPS at least one year before superannuation or three months before voluntary retirement. The last ...
It's deadline day for central government employees to switch from the market-linked National Pension System (NPS) to the newly introduced Unified Pension Scheme (UPS).
All central government employees who were covered under the NPS as of 1st April 2025 are eligible to switch from NPS to UPS.
The National Pension System (NPS) is set for major reforms from October 1, 2025. Investors may see new options and more ...
The PFRDA introduces a Multiple Scheme Framework for NPS, allowing private sector subscribers to hold multiple pension ...
The NPS pension scheme allows salaried and self-employed individuals to build retirement savings with flexible options, tax ...
As the September 30 deadline approaches, the central government employees must choose between the assured payouts of UPS and ...
From October 1, 2025, non-government NPS subscribers will gain more options for diversifying their investments within NPS. They can allocate up to 100% of funds in equities within a single NPS scheme.
The reform applies to non-government sector subscribers and is aimed at offering more flexibility and personalised retirement ...