Form-1 is the option form that every NPS subscriber must submit to declare whether they want their retirement benefits calculated under NPS Rules (PFRDA regulations) or under the old CCS (Pension) Rules, 1972.
Source: NPS Rule 16
What is Form-1 in the CCS (NPS) Rules, 2021?
Related Questions
What happens if there is no eligible family member at the time of a subscriber's death?
What if my appointment order was dated December 2003 but I joined in February 2004 — which scheme applies?
Is the NPS corpus guaranteed?
Why is 40% of the corpus locked into an annuity?
Is there a penalty for not contributing to Tier-II in a year?
This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.