Govt extends one-time option to employees to opt for UPS

The government has decided to extend a one-time option to central government employees who joined services between April 1, 2025, and August 31, 2025, and have opted for the National Pension System, to migrate to the Unified Pension Scheme (UPS). This option may be exercised on or before September 30, 2025, in alignment with the cut-off date already prescribed for other eligible categories under UPS, the finance ministry said in a statement on Tuesday. This initiative aims to provide informed choice to central government employees in planning their post-retirement financial security, it added.