Extension of cut-off date for exercising Option of Unified Pension Scheme (UPS) under NPS by three months i.e upto 30 September 2025: PFRDA Circular dated 26.06.2025
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
เคชเคฐเคฟเคชเคคเฅเคฐ / CIRCULAR
Circular No.:เคชเฅเคเคซเคเคฐเคกเฅเค/2025/04/เคเคธเคฏเฅเคชเฅ-เคธเฅเคเฅ-เคเคธเคเฅ/01
Date: 26.06.2025
To,
The PrAOs, PAOs, DDOs of Central Government,
Existing Employees, Eligible Past Retirees and the Legally Wedded Spouses of Deceased Past Retirees of Central Government covered under National Pension System (NPS),
The DTAs, DTOs, DDOs of State Governments with respect to AIS Officials,
The Central Recordkeeping Agencies (CRAs), National Pension System Trust.
Subject: Extension of cut-off date for exercising Option of Unified Pension Scheme (UPS) under NPS by three months i.e upto 30 September 2025
Please refer to the Regulation 3 (2) (i) of the Pension Fund Regulatory and Development Authority (Operationalisation of the Unified Pension Scheme under National Pension System) Regulations, 2025 dated 19th March 2025, wherein, it is provided that the exercise of option in respect of an eligible employee to covered under UPS shall be undertaken: – (i) within three months from 1st April 2025, or within such extended timelines if any, allowed by the Central Government, in respect of a person mentioned under clause (i) and clause (iii) of sub-regulation (1) of regulation 3 of the above regulations.
2. The Central Government of India has extended the cut-off date for exercising the option for UPS by three months i.e., upto 30th September 2025 in respect of the following
(i) migration to UPS from NPS by an existing Central Government employee in service as on 1st April 2025, who is covered under NPS,
(ii) claim by (a)A Central Government employee who was covered under NPS and who has superannuated or voluntarily retired or has retired under Fundamental Rules 56(j) (which is not treated as penalty under Central Civil Services (Classification, Control and Appeal) Rules, 1965), on or before 31st March 2025 or (b) the legally wedded spouse in case of a subscriber who has superannuated or retired and has demised prior to exercising the option for UPS.
เคธเคพเคฆเคฐ/Yours Sincerely,
(เคตเคฟเคเคพเคธ เคเฅเคฎเคพเคฐ เคธเคฟเคเคน) (Vikas Kumar Singh)
เคฎเฅเคเฅเคฏ เคฎเคนเคพเคชเฅเคฐเคฌเคเคงเค /Chief General Manager
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