The government has extended the last date for applying to Unified Pension Scheme (UPS). The Central Government employees who are currently under the National Pension System (NPS) can apply to be a part of UPS. The government has increased the deadline for applying it to 30 September 2025. The first deadline was July 31, 2025. This means that if you are an employee of the central government and you want to be a part of UPS, then you can apply till September 30.
What is Unified Pension Scheme?
Government on demand for employees Unified Pension Scheme Has started Now! National pension system ,NPS) Employees under Under can become a part of UPS. It is voluntary. This means that those employees who fall under NPS can become part of UPS if they want. However, it is not necessary to do so. The employees of the central government who want to remain in the NPS can remain.
What is the difference between UPS and NPS?
The central government started a system of NPS for its employees from January 1, 2004. There is a big difference between NPS and UPS. NPS is a market-linked return scheme, while UPS is a Assured Pension Scheme. In this, the employee gets pension according to his final salary. This simply means that NPS money is invested in shares, which can reduce its return. Because of this, it includes little risk. If an employee does not want any risk in his retirement fund, then he can become a part of UPS.
Why did the government start UPS?
Millions of employees of the central government were unhappy with the NPS. He wanted schemes like the old pension scheme with Asorde returns. In view of this demand continuously, the government announced UPS last year. The pension scheme that was implemented before January 1, 2004 was a fully assured pension scheme. From the introduction of UPS, the government has completed the demand for the employee of the Assured Pension Scheme.
What is the process to apply?
A person starting a job in the central government can become a part of UPS by or after April 1, 2025. For this, he has to apply. He can apply on the portal of the enPS (https://enps.nsdl.com/enps/nationalpenssystem.html). If an employee does not want to apply online, then the option to apply offline is available. For this, Form A2 will have to be used, which can be downloaded by visiting https://www.npscra.nsdl.co.in/ups.php. After that the form has to be submitted to the nodal office.