Unified pension scheme: Giving a big option to the central employees, the government has given the opportunity to join the Unified Pension Scheme. This opportunity will be given to those employees who joined a government job between 1 April 2025 and 31 August 2025 and who had first selected the National Pension System (NPS Option). The Finance Ministry has made it clear that this option can be used 30 September 2025 or before.

The government says that this step has been taken with the objective of providing financial security to employees after retirement. The special thing is that even after choosing UPS, employees will have the option to choose NPS later. The last date for choosing UPS for eligible employees and former retired personnel has been fixed on 30 September 2025.

Significantly, from 1 April 2025, UPS is available as an option for central employees. On 24 August 2024, the Union Cabinet chaired by Prime Minister Narendra Modi approved UPS. The old pension scheme, which was abolished in January 2004, used to get 50% of the final basic salary as pension. The change in UPS is that employees will have to contribute 10% of their basic salary and dearness allowance, while the employer ie Central Government will contribute 18.5% (Employer Contribution). This Model Has been brought to further strengthen the post -retirement security.