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Gmail - Exercise of UPS Option by existing Central Government Subscribers under NPS

The Pension Fund Regulatory and Development Authority has issued new regulations allowing existing Central Government NPS Subscribers to migrate to the Unified Pension Scheme (UPS) starting April 1, 2025. Subscribers must submit their migration requests within three months, and the process can be initiated online or through a physical form. Once the migration option is exercised, it is final and cannot be reversed.

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28 views1 page

Gmail - Exercise of UPS Option by existing Central Government Subscribers under NPS

The Pension Fund Regulatory and Development Authority has issued new regulations allowing existing Central Government NPS Subscribers to migrate to the Unified Pension Scheme (UPS) starting April 1, 2025. Subscribers must submit their migration requests within three months, and the process can be initiated online or through a physical form. Once the migration option is exercised, it is final and cannot be reversed.

Uploaded by

rohitred10720
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Exercise of UPS Option by existing Central Government Subscribers under NPS

1 message

<[email protected]> Sat, 29 Mar 2025 at 00:50


Reply to: [email protected]
To: [email protected]

Dear Subscriber,

Greetings from Protean eGov Technologies Limited (Central Recordkeeping Agency - CRA for Pensions).

We are pleased to inform you that the Pension Fund Regulatory and Development Authority (PFRDA) has issued the PFRDA (Operationalization of
the Unified Pension Scheme under NPS) Regulations, 2025 through a gazette notification dated March 19, 2025. These regulations will come into
effect from April 1, 2025, and are available for reference here: PFRDA Notification

As per the regulations, all the existing NPS Subscribers under Central Government have one-time option to opt for UPS and migrate their account
(PRAN) from NPS to UPS. The key highlights of the migration process are as follows:

All Central Government employees registered in NPS till March 31, 2025, are eligible to opt for UPS.
The migration request must be submitted within three months from April 1, 2025.
Once exercised, the option to migrate is final and irrevocable.
Migration can be initiated via the eNPS portal https://enps.nsdl.com or by submitting Form A2 at the respective Nodal Office (i.e., your
DDO or PAO).
Form A2 will be made available for download on https://www.npscra.nsdl.co.in/ups.php by April 1, 2025.

Migration Process

The Central Government Subscribers can exercise their Migration request through:

I. eNPS Portal https://enps.nsdl.com :

1. The Subscriber to initiate the migration request through the eNPS portal and submit it via Aadhaar eSign.

2. The DDO/PAO to update employment details, including Employee Code/ID, Date of commencement of qualifying service,
Current Basic Pay, Non-Practicing Allowance (NPA) (if applicable), and the scheduled date for the next increment.

3. The Migration request will be processed in the CRA system once the Nodal Office (DDO/PAO) authorizes the request.

II. Physical Submission:

1. The Subscriber is required to fill and submit the physical Migration Form A2 to the Nodal Office (DDO/PAO).

2. The DDO/PAO is required to initiate the online request in CRA system for migration of PRAN, updating the employment details.

3. The Migration request will be processed in the CRA system once the Nodal Office authorizes the request.

A detailed Standard Operating Procedure (SOP) on the migration process of PRAN from NPS to UPS is available on https://www.npscra.nsdl.co.in/
ups.php

For further assistance, please contact your Office (DDO/PAO) or reach out to Protean-CRA at our Toll-Free number 1800-2100-080. You may also
visit our website for additional details, including Forms, FAQs, and process guidelines.

Regards,
Protean eGov Technologies Limited (Protean-CRA)

(Formerly NSDL e-Governance Infrastructure Limited)

Note: This is an auto-generated email. Please do not reply to this email.

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