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Maharashtra makes revised NPS optional for employees; sets Rs 7,500 minimum pension

Under the new rules, eligible government employees can choose to opt for the revised scheme within the stipulated deadline of December 31, 2026, officials said

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The revised model aligns broadly with the Centre’s Unified Pension Scheme (UPS). Representational Pic/File

The revised model aligns broadly with the Centre’s Unified Pension Scheme (UPS). Representational Pic/File

The Maharashtra government has announced that its revised version of the National Pension Scheme (NPS) will now be optional for employees already covered under the existing framework, reported the PTI.

The decision was detailed in a circular issued by the state finance department.

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