UPS joining date extended, know how you can take advantage of it

UPS: The central government has now extended the last date for joining the Unified Pension Scheme (UPS) to 30 September 2025. Earlier this deadline was till 31 July 2025

UPS: The central government has extended the last date for joining the Unified Pension Scheme (UPS) to 30 September 2025. Earlier this deadline was till 31 July 2025. Its benefit will be available to those central government employees, former pensioners and valid wives of deceased pensioners who have not been able to join UPS till now.

What is UPS scheme?

Unified Pension Scheme (UPS) is a new government pension scheme which has come into effect from 1 April 2025. Under UPS, the government employee gets a fixed monthly pension after retirement. This scheme comes under NPS (National Pension System) but it is different from it because pension is guaranteed in it.

What is the difference between NPS and UPS?

While NPS is market-based and its returns depend on the performance of the stock market and bonds, the pension in UPS is fixed. UPS promises a minimum pension of Rs 10,000 if the employee has completed 10 years of service. That is, UPS is a scheme with low risk and fixed benefits.

Who can apply for UPS?

Only those central government employees can join UPS who are in service till April 1, 2025 and are already included in NPS. Apart from this, former retired government employees and valid wives of such deceased employees can also join UPS.

How to apply online?

The government has made the process of shifting to UPS easier. Employees can go to the eNPS website and login to the NPS to UPS Migration section through PRAN number, date of birth and OTP. After e-Signing the application will be completed.

How to apply offline

Those who are not comfortable with the online process can download Form A2 and join UPS by submitting it to their nodal office. The nodal office will process this application on the CRA portal. Once you join UPS, there will be no option to return to NPS again. So think carefully before applying.

The post UPS joining date extended, know how you can take advantage of it first appeared on informalnewz.

News