PRELIMINARY DRAFT OF PROPOSED REGULATIONS FOR UNIFIED PENSION SCHEME (UPS)

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY (UNIFIED PENSION SCHEME)

REGULATIONS, 2025 - PRELIMINARY DRAFT OF PROPOSED REGULATIONS

Comments/feedbacks from the stakeholders and public are invited on the draft regulations for laying down the framework to operationalise Unified Pension Scheme introduced by the Central Government vide notification number F. No. FX-1/3/2024-PR, dated the 24th January, 2025, as an option under the National Pension System for the employees of the Central Government who are covered under National Pension System and to define the obligations, roles and responsibilities of intermediaries and such Central Government offices involved with implementation of this scheme, and for matters connected therewith or incidental thereto.

The Proposal placed at Annexure A is open for stakeholder consultation and public comments till Feb/17/2025 and can be accessed at PFRDA website in the Exposure Draft section under Regulatory Framework menu.

Comments/feedbacks (in the format - Annexure B), if any, shall be provided via email at review- reg@pfrda.org.in with subject line as 'Feedback on PFRDA (Unified Pension Scheme) Regulations, 2025.

View or Download Primary Draft of UPS by PFRDA