New Delhi, Nov. 25 -- With the deadline fast approaching, the Ministry of Finance has reminded eligible Central Government employees and National Pension System (NPS) subscribers to submit their requests for the Unified Pension Scheme (UPS) by November 30, 2025.

The UPS, notified earlier this year via notification dated January 24, 2025, offers an alternative pension framework for Central Government employees who wish to switch from NPS.

The Unified Pension Scheme (UPS) is a new, optional defined-benefit pension plan for Central Government employees in India, introduced on April 1, 2025, to provide an assured, inflation-indexed retirement payout.

It operates within the National Pension System (NPS) but guarantees a pension equal to 50 ...