India, March 21 -- The PFRDA vide gazette notification dated 19th March, 2025 has issued PFRDA (Operationalisation of the Unified Pension Scheme under NPS) Regulations, 2025
(https://www.pfrda.org.in//MyAuth/Admin/showimg.cshtml?ID=3484).
This follows the UPS notification dated 24th January, 2025 by Government of India for Central Government Employees covered under NPS . The regulations shall come into effect from 1st April, 2025.
These Regulations enable enrolment of three categories of central government employees: (i) an existing central government employee in service as on 1st April 2025, who is covered under NPS ;(ii) new recruit in the central government services, who joins service on or after the 1st day of April 2025 ; and (iii)...