PREVIOUS
✖
PFRDA Regulations – 2025
March 27 , 2025
5 days
105
0
- The Pension Fund Regulatory and Development Authority (PFRDA) has issued the regulations for the operationalisation of the Unified Pension Scheme (UPS) under the National Pension System (NPS).
- The PFRDA (the Operationalisation of the Unified Pension Scheme under NPS) Regulations, 2025 were formally notified recently.
- The newly announced regulations are set to take effect from April 1, 2025.
- The choice to enrol in UPS must be made within three months from April 1, 2025.
- Once opted for, the decision will be considered final and cannot be reversed.
- The guidelines specify that three categories of central government employees will be eligible for enrolment under the UPS:
- Existing central government employees who are in service as of April 1, 2025
- Employees who already covered under the National Pension System (NPS).
- New recruits who join central government services on or after April 1, 2025.
Leave a Reply
Your Comment is awaiting moderation.