Extension of cut-off date for exercising Option of Unified Pension Scheme (UPS) under NPS by three months i.e. upto 30 September 2025: Railway Board Order RBE No. 64/2025 dated 04.07.2025
RBE No. 64/2025
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. F(E)I/2025/UPS/1
New Delhi, dated: 04.07.2025.
The General Managers/Principal Financial Advisors,
All Zonal Railways/Production Units etc,
DGs of RDSO and NAIR.
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.
Ref: Boardโs letter of even number dated 28.03.2025
Pension Fund Regulatory and Development Authority (PFRDA) vide Gazette Notification No. PFRDA/12/01/0001/2023-LEGAL dated 19.03.2025 had issued the Pension Fund Regulatory and Development Authority (Operationalisation of Unified Pension Scheme under National Pension System) Regulations, 2025 to operationalise | the Unified Pension Scheme (UPS) introduced by the Central Government as an option under the National Pension System (NPS) for the employees of the Central Government who are covered under the NPS. The said notification was circulated on Railways vide the letter mentioned under reference.
2. Now, the Pension Fund Regulatory and Development Authority (PFRDA) has issued Circular No. PFRDA/2025/04/SUP-CG-SG/01 dated 26.06.2025 extending the cut-off date for exercising the option for UPS by three months i.e. upto 30th September 2025. The said circular of PFRDA shall apply mutatis-mutandis on the Railways also.
3. The Fundamental Rule 56(j) and Central Civil Services (Classification, Control and Appeal) Rules, 1965 mentioned in the said circular correspond to Rule 1802(a) of Chapter-18 of Indian Railway Establishment Code Vol. II (1987-edition) and Railway servants (Discipline and Appeal) Rules, 1968 respectively.
(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.
DA:- As above.
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