New Delhi, Sept. 18 -- The Ministry of Finance has set September 30, 2025, as the last date for eligible central government employees and past retirees under the National Pension System (NPS) to opt for the Unified Pension Scheme (UPS). Employees remaining in NPS after this date won't be able to switch to UPS.

"The Unified Pension Scheme (UPS) for eligible Central Government employees vide Notification No. F. No. FX-1/3/2024-PR dated 24.01.2025. The Department of Financial Services (DFS) underlines that the last date for eligible employees and past retirees under NPS to opt for UPS is September 30, 2025," the Ministry of Finance press release said.

The Department of Financial Services (DFS) has advised all eligible employees to make the...