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Six states evince interest to join UPS

Business Standard

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October 07, 2025

The Unified Pension Scheme (UPS) adoption rate has risen to over 4.35 per cent, with more than 1,00,000 people out of 2.3 million eligible individuals opting for it, Pension Fund Regulatory and Development Authority (PFRDA) Chairman S Ramann said in an exclusive interview with Business Standard on Monday.

- HARSH KUMAR

He also said that six states had approached the PERDA for help in adoption of the scheme.

“More than 1,00,000 people have opted so far out of 2.3 million eligible for the UPS. Many are from the paramilitary and railways, where employees often don't have the time to attend outreach programmes. It’s only a matter of time before adoption rises. We have already extended the deadline as people generally requested for more time,” said Ramann.

PFRDA Chairman $ Ramann said UPS adoption rate rose to over 4.35%

Recently, the central government extended the deadline for eligible employees, past retirees, and legally wedded spouses of deceased retirees to exercise their option to join the UPS till November 30, 2025.

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