- More than 25,000 central government retirees can claim extra benefits under the Unified Pension Scheme (UPS).
- So far, 7,253 claims have been received, and 4,978 have been processed for payments.
- The Unified Pension Scheme benefits are currently only for central government employees; there are no plans to expand it to other sectors.
If you are a retired central government employee, knowing about the Unified Pension Scheme (UPS) can help you get extra pension benefits made just for you. This scheme, part of the National Pension System (NPS), offers added financial support to eligible retirees. Here, you’ll find clear information about UPS eligibility, how to apply, and how Public Provident Fund (PPF) rules apply to pensioners.
Eligibility and Benefits of Unified Pension Scheme
The Ministry of Finance says 25,756 central government retirees meet the criteria to claim extra benefits under UPS. This scheme adds to the pension under NPS by giving extra benefits tailored for retired central government employees. These benefits help improve financial security and quality of life after retirement.
Claim Process and Status Under UPS
Submitting your claim on time and following up is key to getting UPS pension benefits. As of July 20, 2025, authorities have received 7,253 claims, of which 4,978 have been approved and payment is being made.
How Eligible Retirees Can Apply
If you’re a retired central government employee and want UPS benefits, here’s what to do:
- Check if you’re eligible based on your NPS subscription and retirement status.
- Get and fill out the UPS claim form from official government websites or pension offices.
- Attach required documents, such as proof of retirement and ID.
- Submit your application through the government channels, either online or at pension offices.
- Keep track of your claim’s status to avoid delays.
Plans to Extend UPS to Other Sectors
Right now, UPS is only for central government employees covered under NPS. The government has said there are no plans to offer these extra benefits to other pension schemes or sectors. So, if you work in other government departments or private sectors, UPS benefits don’t apply.
Helpful Details on PPF for Pensioners
Public Provident Fund (PPF) accounts are often used as a backup investment option by retired government employees along with UPS benefits. Here are some key points to help you manage your PPF after retirement.
PPF Loan and Withdrawal Rules
You can take a loan against your PPF balance starting one year after your initial subscription, but before five years have passed. The loan can’t be more than 25% of the balance at the end of the second last financial year. Only one loan per year is allowed, and it must be fully repaid in 36 months. For withdrawals, after five years from account opening, you can withdraw up to 50% of the balance at the end of the previous year, after applying and settling any pending loans.
Managing PPF Account After Maturity and Premature Closure
After 15 years, which is the maturity period for a PPF account, you have two options:
- Close the account by submitting Form-3. You’ll get the full balance plus interest up to the previous month.
- Keep the account open without making further deposits. It stays active, earns interest, and allows one withdrawal per year.
You can close your PPF account early after 5 years only in certain cases like serious illness, education expenses, or if you move abroad with valid proof. For this, you’ll need to submit Form-5, but the interest rate will be 1% less than the normal rate.
Knowing these pension and PPF rules can help you get the most out of your retirement benefits. For detailed application forms and official updates, visit https://www.npscra.nsdl.co.in and official government pension websites often. Stay updated and make the most of the Unified Pension Scheme to enjoy a secure life after retirement.