New Delhi, May 30 -- The Ministry of Finance, on Friday, announced that subscribers under the National Pension Scheme (NPS) who have retired on or before March 31, 2025, with a minimum of 10 years of qualifying service, or their legally wedded spouse, shall be eligible to claim additional benefits under the Unified Pension Scheme (UPS).

These UPS benefits will be provided in addition to the NPS benefits already claimed by the subscribers.

Eligible retirees who retired before 31st March 2025, under the NPS, are either eligible for a one-time payment equal to one-tenth of their last Basic Pay + DA for every completed 6 months of service or a monthly top-up if their NPS pension is less than the UPS amount plus Dearness Relief. Additionally...