Retired railway staff can opt for Unified Pension Scheme

The retired railway employees under the National Pension System (NPS) now have an option to join the Unified Pension Scheme (UPS) before the end of this month.
As per the Pension Fund Regulatory and Development Authority Gazette notification dated March 25 and Railway Board Circulars (RBE No. 25/2025 and RBA No. 10/2025), the UPS has been operationalised with effect from April 1, 2025.
Those who were under the NPS and retired on or before March 31, 2025, with requisite qualifying service may opt for the UPS by submitting Form-B2 online via the CRA portal or to their divisional office.
In case of eligible deceased retirees under the NPS, their spouse/legal heir may submit the relevant forms (B3, B4, B5, or B6) to the division, said a press release.
The last date for submission is June 30. Once exercised, the option is final and irrevocable, the release stated. For assistance, contact the Welfare or Settlement Section of the respective division.

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