The Maharashtra government has put out some rules explaining how the Revised National Pension System (RNPS) scheme will be implemented for state government employees. If you're interested in joining the RNPS, you can send in your application by December 31, 2026, according to a circular from the Maharashtra government, dated May 6, 2026.
The scheme, launched in March 2024, offers assured pension after a minimum service of 10 years. However, on retirement, Maharashtra government employees need to deposit 60% of their lump sum withdrawal amount with the state government. Other than that, the pension payable by the state government will also be reduced by the annuity amount.
