Deadline Alert: Central Government Employees Must Choose Between UPS and NPS Pension Schemes by September 30

Sep 30, 2025 02:17 pm CST

Central government employees face a critical September 30 deadline to switch from the market-linked National Pension System (NPS) to the newly introduced Unified Pension Scheme (UPS). The UPS offers an assured pension with guaranteed minimum payout and lower risk compared to NPS. This one-time decision has significant implications for retirement planning, as employees remaining in NPS after the deadline cannot switch to UPS later.