Important Circular dated 26/03/2025 on Implementation of Unified Pension Scheme (UPS)

Unified Pension Scheme (UPS) Implementation Under Central Government Ministries

The Unified Pension Scheme (UPS) is a landmark initiative by the Government of India, implemented under the Ministry of Communications, Department of Posts, in collaboration with the Pension Fund Regulatory and Development Authority (PFRDA). This scheme aims to streamline and unify pension benefits for Central Government employees, ensuring seamless transition and enhanced financial security for retirees.

Key Highlights of UPS Implementation

Categories of Eligible Employees

Existing Central Government employees covered under NPS (National Pension System) as of 1st April 2025.

New recruits joining Central Government services on or after 1st April 2025.

Retired employees (superannuated/voluntarily retired) before 31st March 2025, including eligible spouses of deceased subscribers.

Timelines for Option Exercise

• Existing employees: Must opt for UPS within three months from 1st April 2025.
• New recruits: Must submit options within 30 days of joining.
• Retired employees: Specific timelines for claiming UPS benefits (to be notified).

Enrollment Process

• Online forms available from 1st April 2025 on Protean CRA’s website (https://npscra.nsdl.co.in).
• Physical submission of forms is also permitted.
• DDOs (Drawing & Disbursing Officers) must verify employee details (KYC, bank details, service records).

Roles & Responsibilities

• PAOs (Principal Accounts Offices): Verify documents submitted by DDOs via the CRA (Central Recordkeeping Agency) system.
• PFRDA & Protean CRA: Provide technical support and SOPs for smooth implementation.

Keywords for UPS Implementation

• Unified Pension Scheme (UPS)
• NPS for Central Government employees
• PFRDA UPS Regulations 2025
• Pension scheme for Govt employees
• UPS enrollment process
• Protean CRA NPS portal
• UPS benefits for retirees
• Central Govt pension reforms
• DDO and PAO roles in UPS
• UPS implementation guidelines

Why UPS Matters?

The UPS ensures transparency, efficiency, and inclusivity in pension management, aligning with the Government of India’s vision for social security reforms. Employees and retirees must act within the stipulated timelines to avail benefits under this unified pension framework.

For queries, contact Protean CRA at sunnyg@proteantech.in or shankeys@proteantech.in.

Stay updated with UPS implementation for a secure retirement!

Also read :Important Circular dated 26/03/2025 on Implementation of Unified Pension Scheme (UPS)

Also read :OPS vs NPS vs UPS : Decoding the Key Features

Note: This document serves as a guide for employees, DDOs, and PAOs under the Department of Posts, Government of India, for seamless UPS adoption.