{"id":10796,"date":"2025-09-06T21:26:04","date_gmt":"2025-09-06T21:26:04","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/06\/unified-pension-rules-notified-a-simple-guide-to-switch-from-nps-eligibility-and-more-savings-and-investments-news\/"},"modified":"2025-09-06T21:26:04","modified_gmt":"2025-09-06T21:26:04","slug":"unified-pension-rules-notified-a-simple-guide-to-switch-from-nps-eligibility-and-more-savings-and-investments-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/06\/unified-pension-rules-notified-a-simple-guide-to-switch-from-nps-eligibility-and-more-savings-and-investments-news\/","title":{"rendered":"Unified Pension Rules Notified: A Simple Guide To Switch From NPS, Eligibility, And More | Savings and Investments News"},"content":{"rendered":"


\n<\/p>\n

\n

Last Updated:<\/span>

Government of India launches Unified Pension Scheme under National Pension System, offering assured monthly payouts to eligible central employees from April 01, 2025.<\/h2>\n
\n
\n
\n
\n
\"font\"<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\"The<\/p>\n

The new UPS rules will help employees to get clarity on this guaranteed pension scheme for central employees.<\/p>\n<\/figure>\n

UPS Scheme:<\/strong> The Government of India has notified rules for the Unified Pension Scheme (UPS) in its latest circular. <\/span>The government has introduced an option for the central government employees to choose the Unified Pension Scheme (UPS) under the National Pension System (NPS). UPS allows them to receive an assured payout after their retirement. The UPS has become operational from April 01, 2025.<\/span><\/p>\n

Basically, UPS is a fund-based payout system which relies on the regular and timely accumulation and investment of applicable contributions (from both the employee and the employer (the Central Government) for grant of monthly payout to the retiree.<\/span><\/p>\n

The new rules will help employees to get clarity on this guaranteed pension scheme for central employees. <\/span><\/p>\n

How Does UPS Different From NPS?<\/span><\/h3>\n

While NPS is market-linked with returns depending on equity and debt performance, UPS offers assured pension payout based on last drawn salary.<\/span><\/p>\n

NPS is subject to market fluctuations, while UPS has low-risk, as pension is guaranteed.<\/span><\/p>\n

NPS\u2019s amount will depend on corpus accumulated through investments. UPS, on the other hand, minimum assured pension of Rs 10,000 per month after 10 years of service.<\/span><\/p>\n

Here is a simple step-by-step guide to help Central Government employees shift from NPS to UPS (Unified Pension Scheme) online, based on the official SOP document:<\/span><\/strong><\/p>\n

Who Is Eligible For UPS? <\/span><\/h3>\n

UPS is for Central Government Employees (including civilians in <\/span>Defence<\/span> Services) appointed on or after 1st January 2004, who are covered under the National Pension System (NPS) and opt for UPS.<\/span><\/p>\n

Those who are already under CCS (Pension) Rules, 2021, such as railway servants, casual\/daily-rated employees, contingency staff, All India Services, contract employees, and others can\u2019t opt for it. <\/span><\/p>\n

The employees in service have the option to opt for UPS until October 01. The new employees joining on or after April 01, 2025 are allowed to opt for UPS within 30 days of joining. <\/span><\/p>\n

Step-by-Step Guide: How to Shift from NPS to UPS (Online Method)<\/span><\/h3>\n

Who Can Apply?<\/span><\/strong><\/p>\n