Railways starts UPS pension scheme for its employees
On September 23, 2026, the Ministry of Railways shared the rules for the Unified Pension Scheme (UPS) for Railway employees who are part of the National Pension System (NPS). These rules cover the eligibility, lump sum, and pension calculation methods, as well as the minimum and maximum pension amounts. Railway employees can choose to move from UPS to NPS and receive a minimum pension of Rs 10,000 after 10 years of service, with a full pension after 25 years.
Employees can also opt for Voluntary Retirement Scheme (VRS) after 20 years of service. The central government launched UPS under NPS on April 1, 2025, and now it's available to Railway employees.
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