Only 1 lakh employees connected to UPS is the deadline to select the scheme

Last updated: September 30, 2025, 23:20 The central government has extended the last date to select the United Pension Fund until November 30, 2025, which was applied as an alternative to NPS, so far, only one lakh employees have been linked to each other. The government has implemented UPS as an alternative to NPs. New -delhi. The central government extended the last date for choosing the option of Unified Pension Scheme (UPS), giving the central employees great relief. Now employees will be able to choose this scheme by November 30, 2025. The Finance Ministry of Finance issued an order and ordered the pension regulator PFRDA to ensure the rules and arrangements needed to implement this change. The ministry says that many reforms have recently been done in this scheme, after which the employees were asked to give extra time. What the Unified Pension Scheme UPS has been implemented by the government from April 1, 2025 as an alternative to NPS (National Pension System). Under this scheme, employees will gain the benefit of fixed pension. Like NPS, it is also contributed, in which employees will give 10 percent of their basic salary and beloved allowance, while the government will contribute 18.5 percent. Why increased deadline ministry recently led to many positive changes in UPS, such as profit, tax release and switching option facilities in case of resignation or compulsory retirement. Because of these reforms, it was decided to give more time to the employees to think and understand. So far how many employees have chosen according to government data, only one Lakh Central employees have been able to select this scheme within six months, while the total number of eligible employees is more than 23 lakhs. This is why the government wants more and more people to understand and utilize the benefits of the scheme. About the author Jai Thakur Jai Thakur has been associated with the world of news since 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Apart from this, I have been associated with the World of News since the Jai Thakur 2018. Since 2022, News18Hindi has been working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Also give … Read more here to add News18 as your favorite news source on Google. Location: New -delhi, Delhi First published: September 30, 2025, 23:20 IST House Businesses, Only 1 Lakh employees connected to UPS, only 1 lakh employees, the deadline for the choice of scheme has advanced