Daily Headlinez Top News Updates
NEW DELHI: The govt Tuesday extended to Nov 30 the deadline for central govt employees to switch from National Pension System (NPS) to Unified Pension Scheme (UPS), following a tepid response by central govt employees covered under NPS. The earlier cut-off date was Sept 30.This will enable more eligible existing employees, retirees and legally wedded…
The Employees’ Provident Fund Organisation (EPFO) has temporarily put on hold its earlier order allowing employees to adopt the Unified Pension Scheme (UPS), stating that the matter is still under consideration. “It is to inform that the matter regarding implementation of the Unified Pension Scheme (UPS) for the employees of the Central Board is still…
The Finance Ministry has launched a single-use, unidirectional switch option for central government employees who opted for the Unified Pension Scheme (UPS) to return to the National Pension System (NPS). The move gives staff and eligible retirees more clarity on their pension choices as the September 30, 2025 deadline approaches.Strict rules for switchingAccording to the…
The government has introduced a one-time, one-way switch facility for central government employees to move from the Unified Pension Scheme (UPS) to the National Pension System (NPS), with a deadline of September 30, 2025.According to a notification issued by the finance ministry, employees can exercise the switch option up to one year before their date…
