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Unified Pension Scheme attracted just 4% of NPS subscribers: Government

Summary by Times of India
The Unified Pension Scheme (UPS) has received limited response from central government employees, with only 1.18 lakh workers opting for it by July 19, accounting for 4.3% of NPS subscribers. Introduced in April 2025 after demands for assured pensions, UPS offers a 50% pension guarantee, gratuity benefits and minimum monthly payout of ₹10,000. The government extended the opt-in deadline to November 30, 2025.

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Finance Minister Nirmala Sitharaman has clarified regarding the Unified Pension Scheme that at present we have no plans to make any changes regarding UPS nor is any such proposal under consideration.

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Times of India broke the news in India on Tuesday, August 4, 2026.
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