More than 31,500 authorities staff go for UPS until July 20: Finance Ministry

In a written reply within the Lok Sabha, Finance Minister Nirmala Sitharaman stated as on July 20, 2025, at the least 7,253 claims have been acquired and out of which 4,978 claims have been processed for fee of advantages beneath UPS.

Editorial | Middle path: On the Unified Pension Scheme

From April 1, 2025, the federal government has launched UPS as an choice beneath the National Pension System (NPS) for the Central Government staff. The UPS will present assured payouts to the staff.

In reply to a separate query within the House, Minister of State for Finance Pankaj Chaudhary stated, “as on July 20, 2025, 31,555 staff have opted UPS.”

Further, Ms. Sitharaman stated primarily based on the representations from staff and associations, the closing date to go for UPS was prolonged for a interval of three months as much as September 30, 2025.

Centre lastly notifies Unified Pension scheme choice for presidency employees lined by NPS

“As per eligibility criteria, there are 25,756 retired Central Government subscribers eligible to receive additional benefits under UPS,” Ms. Sitharaman stated.

“These eligible subscribers are these Central Government staff who’ve both superannuated or deceased, or retired beneath Fundamental Rules 56(j), on or earlier than March 31, 2025, after finishing 10 years or extra of qualifying service and have been lined beneath NPS,” the Minister stated.

The authorities has prolonged the good thing about ‘Retirement gratuity and Death gratuity’ beneath UPS. Further, the federal government staff who go for the UPS beneath NPS shall even be eligible for choice for availing advantages beneath the CCS (Pension) Rules, 2021 or the CCS (Extraordinary Pension) Rules, 2023, within the occasion of demise of the federal government servant throughout service or his discharge on the bottom of invalidation or disablement.

The authorities has additionally prolonged tax advantages to UPS as can be found to NPS beneath the Income Tax Act, 1961.

To a query on whether or not the federal government proposes to increase such advantages to different pension schemes or sectors within the close to future, Ms. Sitharaman stated, “UPS has been introduced as an option under National Pension System (NPS) for the employees of Central Government who are covered under the NPS. There is no proposal under consideration to extend such benefits to other pension schemes or sector.”