Govt Allows One-Time Switch: UPS ➝ NPS

– Finance Ministry approves a one-time, one-way switch` – Central Govt employees can move from Unified Pension Scheme (UPS) to National Pension System (NPS)

Who Can Switch & When?

– Up to 1 year before superannuation – Or 3 months before voluntary    retirement – Deadline: Sept 30, 2025–  Not allowed for employees under dismissal/disciplinary action

What Happens Next?

UPS benefits stop (no guaranteed payouts) Govt adds 4% differential contribution to NPS corpus NPS offers flexibility + market-linked growth