UPS is available to:
- Existing Central Government Employees under NPS as on 01.04.2025.
- New Recruits joining Central Government service on or after 01.04.2025.
- Retired NPS Subscribers who superannuated or retired on or before 31.03.2025, provided:
- Minimum 10 years of qualifying service.
- Retirement under FR 56(j) (not as a penalty).
- Legally wedded spouse as on date of retirement, in case of subscriber’s demise.
Timelines for Option Exercise:
- Existing employees (as on 01.04.2025)/retirees (upto 31.03.2025): Option has to be exercised by 30th November 2025, or within such extended timelines if any, allowed by the Central Government.
- New recruits: Within 30 days of joining