By Martin Shwenk Leade
Copyright indiatimes
ANIUnified Pension Scheme
New Delhi: Government employees unable to submit requests for the Unified Pension Scheme (UPS) online due to technical glitches can file a physical form with their nodal office, the finance ministry said on Thursday.The ministry reiterated that the deadline for employees and retirees to opt for UPS remains September 30.UPS, introduced on April 1, 2025, is an optional scheme under the National Pension System that assures post-retirement payout. About 31,555 central government employees had opted in by July 20.The finance ministry last month also allowed a one-time switch back to NPS from UPS and extended the same tax benefits available to NPS under the Income Tax Act, 1961.Add as a Reliable and Trusted News Source Add Now!
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Read More News onGovernment employeesUnified Pension SchemeFinance ministryNational Pension SystemIncome Tax Actswitch back to NPS from UPSbenefits available to NPS
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onGovernment employeesUnified Pension SchemeFinance ministryNational Pension SystemIncome Tax Actswitch back to NPS from UPSbenefits available to NPS(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
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