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26Aug 2025

Govt Allows One-Time Switch from UPS to NPS 2025

Govt Allows One-Time Switch from UPS to NPS Why in the News ? The Union Finance Ministry has introduced a one-time, one-way switch facility from the Unified Pension Scheme (UPS) to the National Pension System (NPS). The facility is available up to one year before retirement or three months before voluntary retirement. Key Highlights of …

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11Apr 2025

Central Employees Must Choose Between UPS and NPS

Why in the News ? The government has introduced the Unified Pension Scheme (UPS) as an alternative to the existing National Pension System (NPS), requiring central government employees to choose between the two by June 2025, based on service tenure, returns, and flexibility. Understanding UPS and NPS : Central government employees must choose between Unified …

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