By Sheetal Kumari | March 3, 2025

Moneycontrol PF Team| July 29, 2025

NPS or UPS? Govt’s Final Call Could Change Your Pension Forever!

(Image: Canva)

(Image: Canva)

(Image: Canva)

Govt extends NPS-to-UPS switch deadline to 30 Sept 2025 for eligible employees & retirees.

New Pension Deadline Alert!

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

UPS offers a guaranteed monthly pension and lump sum benefits—unlike NPS, which is market-linked.

What is the Unified Pension Scheme (UPS)?

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

In-service govt staff as of 1 April 2025, eligible retirees, and legally wedded spouses of deceased retirees.

Who Can Opt for UPS?

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

UPS guarantees fixed pension based on salary & service, while NPS returns depend on market performance.

What Makes UPS Different from NPS?

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Failing to opt by 30 Sept 2025 means you’ll automatically continue with NPS—no second chances!

Miss the Deadline? You Stay in NPS

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Once you opt for UPS, the decision is final and irreversible—so decide wisely!

UPS is a One-Way Street

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Your existing NPS funds will be shifted to a UPS-tagged PRAN account—no money lost, just transferred.

What Happens to Your NPS Corpus?

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Choosing UPS is optional—stick with NPS if you prefer market-based growth over fixed returns.

Not Compulsory to Switch

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Employees joining after April 1, 2025 have 30 days from joining to make the UPS switch.

New Joinees? Read This!

(Image: Canva)

(Image: Canva)

(Image: Canva)

(Image: Canva)

Apply online via eNPS portal or submit an offline request through your nodal office

How to Apply?

(Image: Canva)

Next: Save Tax in New Regime: Try These 9 Smart Strategies!
Thanks For Reading !
Find out More