About the Scheme
UPS offers Central Government employees an assured pension combining best features of OPS and NPS. Cabinet approved Aug 24, 2024; notified Jan 24, 2025; effective April 1, 2025. Assured pension: 50% of last 12-months average basic pay (25+ years service). Minimum guaranteed pension: ₹10,000/month (10+ years). Employee contribution: 10%; Government: 18.5%. Opt-in deadline was Sep 30, 2025.
Target Beneficiaries: ~23 lakh Central Government employees; existing NPS subscribers and new recruits; states may adopt
Key Features
- Assured Pension: 50% of average basic pay of last 12 months for 25+ years service; proportionate for 10-25 years
- Minimum guaranteed pension: ₹10,000/month for those with 10+ years of service
- Family pension: 60% of employee's pension to spouse on death
- Inflation indexation: Dearness Relief linked to AICPI-IW (CPI for Industrial Workers)
- Lump sum: 1/10th of monthly emoluments per 6 months served (in addition to gratuity)
- Contributions: Employee 10% + Government 18.5% of basic pay + DA (raised from 14%)
- Voluntary opt-in for existing NPS subscribers (deadline Sep 30, 2025); ~23 lakh central employees covered