RBE No. 64 12025.
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS
(RAIL MANTRALAYA)
(RAILWAY BOARD)
No. F(E)III/2025/UPS/1
New Delhi, dated: 04.07.2025.
The General Managers/Principal Financial Advisors, All Zonal Railways/Production Units etc,
DGs of RDSO and NAIR.
Subject:- Extension of cut-off date for exercising Option of Unified Pension Scheme (UPS) under NPS by three months i.e. upto 30 September 2025.
Ref: Board's letter of even number dated 28.03.2025
Pension Fund Regulatory and Development Authority (PFRDA) vide Gazette Notification No. PFRDA/12/01/0001/2023-LEGAL dated 19.03.2025 had issued the Pension Fund Regulatory and Development Authority (Operationalisation of Unified Pension Scheme under National Pension System) Regulations, 2025 to operationalise the Unified Pension Scheme (UPS) introduced by the Central Government as an option under the National Pension System (NPS) for the employees of the Central Government who are covered under the NPS. The said notification was circulated on Railways vide the letter mentioned under reference.
2. Now, the Pension Fund Regulatory and Development Authority (PFRDA) has issued Circular No. PFRDA/2025/04/SUP-CG-SG/01 dated 26.06.2025 extending the cut-off date for exercising the option for UPS by three months i.e. upto 30th September 2025. The said circular of PFRDA shall apply mutatis-mutandis on the Railways also.
3. The Fundamental Rule 56(j) and Central Civil Services (Classification, Control and Appeal) Rules, 1965 mentioned in the said circular correspond to Rule 1802(a) of Chapter-18 of Indian Railway Establishment Code Vol. II (1987-edition) and Railway Servants (Discipline and Appeal) Rules, 1968 respectively.
(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.
DA: As above.
पेंशन निधि विनियामक और विकास प्राधिकरण
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
परिपत्र / CIRCULAR
Circular No.: पीएफआरडीए/2025/04/एसयूपी-सीजी-एसजी/01
Date: 26.06.2025
To,
The PrAOs, PAOS, DDOs of Central Government
Existing Employees, Eligible Past Retirees and the Legally Wedded Spouses of Deceased Past Retirees of Central Government covered under National Pension System (NPS),
The DTAS, DTOS, DDOs of State Governments with respect to AIS Officials,
The Central Recordkeeping Agencies (CRAs),
National Pension System Trust.
Subject: Extension of cut-off date for exercising Option of Unified Pension Scheme (UPS) under NPS by three months i.e upto 30 September 2025
Please refer to the Regulation 3 (2) (i) of the Pension Fund Regulatory and Development Authority (Operationalisation of the Unified Pension Scheme under National Pension System) Regulations, 2025 dated 19th March 2025, wherein, it is provided that the exercise of option in respect of an eligible employee to be covered under UPS shall be undertaken: (i) within three months from 1st April 2025, or within such extended timelines if any, allowed by the Central Government, in respect of a person mentioned under clause (i) and clause (iii) of sub-regulation (1) of regulation 3 of the above regulations.
2. The Central Government of India has extended the cut-off date for exercising the option for UPS by three months i.e., upto 30th September 2025 in respect of the following
(i) migration to UPS from NPS by an existing Central Government employee in service as on 1st April 2025, who is covered under NPS,
(ii) claim by (a)A Central Government employee who was covered under NPS and who has superannuated or voluntarily retired or has retired under Fundamental Rules 56(j) (which is not treated as penalty under Central Civil Services. (Classification, Control and Appeal) Rules, 1965), on or before 31st March 2025
or (b) the legally wedded spouse in case of a subscriber who has superannuated or retired and has demised prior to exercising the option for UPS.
सादर/Yours Sincerely,
(विकास कुमार सिंह)/ (Vikas Kumar Singh)
मुख्य महाप्रबंधक /Chief General Manager
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