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Six states evince interest to join UPS
Business Standard
|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.
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.
यह कहानी Business Standard के October 07, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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