Unified Pension Scheme (UPS) is a retirement benefit scheme introduced for Central Government Employees, replacing the New Pension Scheme (NPS). This article provides details about UPS eligibility, benefits, withdrawal rules, and other key aspects.
Under UPS, employees can opt for assured payouts after completing 10 years of qualifying service. The scheme offers lump sum payments at superannuation, proportional pensions for those with 10-25 years of service, and flexibility for partial withdrawals under specific conditions.
Employees joining on or after April 1, 2025, can choose between NPS and UPS. Existing employees as of March 31, 2025, are also eligible to switch. Resigning before retirement under UPS transfers contributions to NPS rules, with government contributions ceasing.
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