Cut-off for opting into Unified Pension Scheme extended to 30 September 2025
On 23 June 2025 in New Delhi, the Finance Ministry extended the cut-off date for exercising the option under the Unified Pension Scheme by three months, to 30 September 2025.
Summary
The Ministry of Finance said on 23 June 2025 in New Delhi that the cut-off date for exercising the option under the Unified Pension Scheme (UPS) has been extended by three months, from 30 June to 30 September 2025. The extension applies to eligible existing employees, past retirees and the legally wedded spouses of deceased past retirees, following representations from stakeholders. UPS (static) was notified by the Ministry of Finance on 24 January 2025, and PFRDA notified the regulations operationalising it under NPS on 19 March 2025.
Key facts
- New cut-off
- 30 September 2025 (from 30 June 2025)
- Applies to
- Existing employees, past retirees, spouses of deceased past retirees
- UPS notified (static)
- 24 January 2025, Ministry of Finance
- PFRDA regulations (static)
- 19 March 2025
Practice MCQs 2 questions
To which date was the cut-off for exercising the option under the Unified Pension Scheme extended in June 2025?
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Correct answer: C — 30 September 2025
PIB: the Government decided to extend the cut-off date for exercising the option for UPS by three months, i.e., up to 30th September 2025 (30 September 2025).
Consider the following statements about the Unified Pension Scheme (UPS): 1. UPS was notified by the Ministry of Finance on 24 January 2025. 2. PFRDA notified the regulations operationalising UPS under NPS on 1 April 2025. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
PIB: UPS was notified by the Ministry of Finance on 24 January 2025, but PFRDA notified the operationalisation regulations on 19 March 2025, not 1 April 2025. So 1 only.