Central government employees in India have until June 30 to decide between sticking with the National Pension System (NPS) or switching to the newly introduced Unified Pension Scheme (UPS). The UPS, which launched in April 2025, guarantees a fixed pension worth half of an employee's average basic pay after 25 years of service—a potentially attractive option for those seeking stability in retirement.

Editor’s Note: This isn't just bureaucratic fine print—it's a major financial decision affecting millions of employees. The UPS offers predictable retirement income, unlike the market-linked NPS, but the tight deadline means folks need to weigh their options fast. For public sector workers, this choice could shape their financial security for decades.