The critical authorities are NPS subscribers who retired on or before march 31, 2025, with a minimum of 10 years of qualifying carrier, or their legally wedded spouse, who can now claim additional advantages beneath the Unified Pension Scheme (UPS), over and above the NPS benefits already claimed, in step with an assertion issued via the Ministry of Finance on Friday.

The extra blessings include a lump sum payment (one-time), one-10th of the closing drawn fundamental pay and dearness allowance thereon, for every completed six months of qualifying provider.

A monthly pinnacle-up amount is calculated based totally on admissible united states of America payout + Dearness Alleviation (DR) minus the representative annuity quantity underneath the NPS. Besides, they will get arrears with easy interest, as in step with applicable PPF rates. The disadvantages may be claimed through the physical mode or the net mode. The physical mode entails journeying to the DDO & submitting the form (B2 for the subscriber & B4/B6 for the legally wedded partner). The form can be downloaded from the following- www.npscra.nsdl.co.in/americaphp

In the case of the net mode, an eligible person can go online to www.npscra.nsdl.co.in/u.s.a.php to fill out the web form. The remaining date to claim the advantages is june 30. The Pension Fund Regulatory and Improvement Authority (PFRDA) has officially notified the operationalization of the Unified Pension Scheme underneath NPS rules 2025, which came into effect on april 1, 2025.

Those regulations permit the enrollment of 3 categories of significant government personnel. The primary category covers current significant government personnel in service as of april 1, 2025, who are covered underneath the NPS, while the second category includes new recruits within the vital authorities services who join the provider on or after april 1, 2025.

The 1/3 category includes crucial authorities' employees who have been covered underneath the NPS and who have superannuated or voluntarily retired or have retired underneath essential regulations fifty-six (j) on or earlier than march 31, 2025, and are eligible for the united states or the legally wedded spouse in the case of a subscriber who has superannuated or retired and has demised previous to exercising the option for the UPS.

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G GOWTHAM

31/05/2025 08:58 AM