The employees can switch to NPS at least one year before superannuation or three months before voluntary retirement. The last ...

While employee unions continue to demand a return to the Old Pension Scheme, the government last August announced the UPS.

Recently, on April 1, 2025, the government introduced the UPS. UPS is an optional scheme under NPS that provides employees with a fixed pension. UPS aims to further strengthen the financial security ...

Government employees have just one day left to decide their retirement plan. The central government has introduced a new ...

All central government employees who were covered under the NPS as of 1st April 2025 are eligible to switch from NPS to UPS.

With HR leaders pulled in many directions, it's wise to track your successes. NPS can go a long way to find places to correct ...

This one-time choice will impact an estimated 2.3 million eligible workers & retirees. Missing the deadline will lock them into the NPS without any further options. The new UPS, which takes effect on ...

(i) Eligible employees under UPS can switch to NPS only once, and cannot switch back to UPS. The switch can be exercised at ...

In a statement, the Ministry said the last date for eligible employees and past retirees under NPS to opt for UPS is ...

The Pension Fund Regulatory and Development Authority (PFRDA) has extended a one-time option for central government employees ...