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of <h1>Central Government launches optional Unified Pension Scheme under National Pension System effective 1 April 2025 with specified eligibility, payouts, contributions</h1> The Central Government introduces a Unified Pension Scheme as an optional sub-scheme under the National Pension System for covered central employees, effective 1 April 2025. Eligibility requires at least ten years' qualifying service (special rules for FR 56(j) retirements and voluntary retirement after 25 years); removal, dismissal or resignation disqualify. Assured payout rules: full payout = 50% of twelve-month average basic pay after 25+ years (pro rata for shorter service) with a minimum monthly payout of Rs.10,000 for ten+ years; family payout 60%; Dearness Relief applies. Lump sum on superannuation is 10% of emoluments per completed six months. Contributions: 10% employee + 10% matching employer to individual corpus and an additional ~8.5% employer to a pooled corpus; benchmark corpus, transfers, investment choice rules and regulatory implementation by the pension regulator are specified.
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