In a welcome move for central government employees, the Narendra Modi administration has announced an extension of the deadline to opt for either the Unified Pension Scheme (UPS) or the National Pension Scheme (NPS). The original cut-off date of June 30, 2025, has now been pushed forward by three months, moving the final deadline to September 30, 2025.
Deadline Extension Brings Breathing Space for Employees
As per the official press release issued on Monday, this decision comes in response to numerous requests from eligible central government employees, pensioners, and legally married spouses of deceased retired employees seeking more time to finalize their pension scheme choices. The extended window will provide these stakeholders additional time to carefully evaluate their options and make an informed decision without the pressure of an imminent deadline.
What Was the Original Deadline?
Initially, the government had set the deadline for June 30, 2025, for eligible individuals to apply for either UPS or NPS. The application window for the Unified Pension Scheme opened on April 1, 2025, and was slated to close on June 30. However, considering the ongoing demand for an extension, the government has moved the deadline to the end of September. Officials also indicated that there is little chance of further extensions beyond September 30, making it crucial for applicants to submit their forms before this date. Missing the deadline could result in losing the opportunity to enroll under these pension plans.
Understanding the Benefits of the Unified Pension Scheme
The UPS, launched by the government, aims to provide financial security and attractive benefits to central government employees who have served for at least 10 years. One of its key features is the calculation of a lump-sum pension based on the average of the last six months’ salary and allowances, including dearness allowance. The scheme also offers a monthly top-up pension amount to enhance retirees’ financial stability.
A significant advantage of UPS is its provision for the legal spouses of deceased pensioners, ensuring that they continue to receive pension benefits. This added security is designed to provide peace of mind to families dependent on the retired employee’s income.
How to Apply for the Pension Schemes?
Eligible applicants can apply for UPS benefits either online or offline. For online applications, candidates can directly fill out and submit their forms on the official UPS website. Those opting for offline applications must download the necessary forms from the NPS website and submit them to their Drawing and Disbursing Officer (DDO).
With the new deadline in place, government employees now have a clearer and more flexible timeframe to secure their pension future under these schemes. It is advisable not to delay the process, as post-September 30, no applications will be entertained.