PFRDA Extends Deadline for Govt Employees to Opt for Unified Pension Scheme

byPaytm Editorial TeamSeptember 17, 2025
Salary Account
Key Takeaways
  • PFRDA extends one-time option for Central Government employees to migrate from NPS to UPS.
  • Applies to employees who joined between April 1, 2025, and August 31, 2025.
  • Employees must apply by 30 September 2025.
  • UPS provides more flexibility with the option to return to NPS later.
  • Deadline is same for all eligible employees and past retirees under NPS.
 

The Pension Fund Regulatory and Development Authority (PFRDA) has announced an extension of the one-time option for Central Government employees to switch from the National Pension System (NPS) to the Unified Pension Scheme (UPS).

As per the Ministry of Finance Notification (F. No. FX-1/3/2024 PR dated 24.01.2025), the UPS was introduced earlier this year. Following further clarifications, the government has now allowed employees who joined services between 1 April 2025 and 31 August 2025, and who had already opted for NPS, to migrate to the UPS.

Read: UPS to NPS: Key Rules and 30 Sept 2025 Deadline

Employees falling under this category must exercise this option on or before 30 September 2025, which is the same cut-off date prescribed for other eligible groups under UPS.

The initiative is designed to ensure that Central Government employees can make an informed choice regarding their post-retirement financial security. Importantly, even after choosing UPS, employees retain the freedom to switch back to NPS later if they wish.

It is also noted that the final deadline for all eligible employees and past retirees under NPS to opt for UPS remains 30 September 2025.

Key Details in Table

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

FAQs

Who can opt for the Unified Pension Scheme (UPS) now?

Central Government employees who joined between April 1, 2025, and August 31, 2025, and had chosen NPS, can now switch to UPS.

What is the last date to exercise this option?

The final deadline is 30 September 2025.

Can employees return to NPS after choosing UPS?

Yes, employees who switch to UPS still retain the option to move back to NPS later.

Does this extension apply to past retirees as well?

Yes, the same deadline applies to eligible employees and past retirees under NPS.

Why has the government provided this option?

The initiative is meant to give employees an informed choice for securing their post-retirement financial future.
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