Unified Pension Scheme (UPS) — Introduction of one-time one-way Switch facility from UPS to NPS: RBE No. 91/2025 dated 10.09.2025
RBE No. 91 /2025.
GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
No. F(E)II/2025/UPS/1
New Delhi, dated: 10.09.2025.
The General Managers/Principal Financial Advisors,
All Zonal Railways/Production Units etc,
DGs of RDSO and NAIR.
Subject:- Unified Pension Scheme (UPS) — Introduction of one-time one-way Switch facility from UPS to NPS – reg.
A copy of Ministry of Finance (Department of Financial Services)’s O.M. No. 1/3/2024-PR dated 25th August 2025 on the above subject is enclosed for information and compliance.
2. The Gazette Notification of Department of Financial Services dated 24th January 2025, Fundamental Rule 56(j) and PFRDA (Exit & Withdrawal under NPS) Regulations, 2015 mentioned in the O.M. ibid correspond to Railway Board’s letter No. F(E)II/2025/UPS/1 dated 18.03.2025, Rule 1802 (a) of Chapter 18, IREC Vol. I] (1987 – Edition) and Railway Board’s Letter No. 2016/F(E)IN/1/(1)/3 dated 27th May 2016 respectively.
(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.
COMMENTS