India, Sept. 18 -- The Ministry of Finance, Government of India, had notified 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 thelast date for eligible employees and past retirees under NPS to opt for UPS is September 30, 2025. All eligible employees are urged to exercise their option well before the deadline to avoid any last-minute difficulties and to ensure timely processing of their requests. Employees who choose to remain in NPS cannot opt for UPS after this date.
Further, DFS has issued an Office Memorandum No. 1/3/2024-PR dated 25.08.2025, introducing a one-time, one-way switch facility ...