New Delhi: The Finance Minister mentioned on Monday that 7,253 claims have been obtained below the Unified Pension Scheme (UPS) to this point, and 4,978 of those claims have been processed for fee as of July 20, 2025.

There are a complete of 25,756 retired Central authorities staff who qualify for additional advantages below UPS. These eligible individuals are Central authorities staff who’ve retired, handed away, or retired early below particular authorities guidelines (Elementary Guidelines 56 (j)) on or earlier than March 31, 2025, and who accomplished no less than 10 years of service whereas lined below the Nationwide Pension System (NPS).

UPS was launched as an choice below the NPS for Central authorities staff who’re a part of the NPS. There isn’t a plan to increase these UPS advantages to different pension schemes or sectors.

As a result of staff and associations requested it, the deadline to go for UPS was prolonged by three months and is now September 30, 2025.

The federal government additionally prolonged the advantages of retirement and dying gratuity (a lump sum fee) to Central authorities staff lined by UPS, below particular authorities guidelines established in 2021.

Authorities staff who select UPS will even be eligible for different authorities pension advantages below CCS (Pension) Guidelines, 2021 or CCS (Extraordinary Pension) Guidelines, 2023, in the event that they die throughout service or are discharged on account of incapacity or invalidation.

Importantly, the federal government has now additionally prolonged the identical tax advantages to UPS which might be accessible below NPS, as per the Revenue Tax Act, 1961. This tax aid is meant to encourage staff to go for UPS by offering comparable monetary incentives and parity with NPS.