Unified Pension Scheme: Assured pension may be cancelled on resignation from the job

unified pension scheme

If any employee resigns from their job, their Assured pension may be cancelled

A big update on the Unified pension scheme. This news is for only central government employees. If any employee resigns from their job under UPS, then their assured pension payout or guaranteed pension benefits will be cancelled under this scheme, this information stated by the Department of Pensions and Pensioners’ Welfare (DoPPW).

If you resign, what will happen: On 29th Oct 2025, DoPPW issued an official memorandum. This memorandum said that if any employee chooses the option of the Unified pension scheme under the national pension system, he or she will resign from their position, and then they will not get a guaranteed pension.

What will be the Savings amount: The employee will receive the entire accumulated corpus deposited into their pension account. This amount will be paid in one lump sum, but the payment process will begin 90 days after the resignation, i.e., when the employee’s service is considered terminated and they are formally relieved.

Leave a Reply

Your email address will not be published. Required fields are marked *