RBE No.21/2026. GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)IN/2025/UPS/1 New Delhi, dated:13.03.2026. The General Managers/Principal Financial Advisors, All Zonal Railways/Production Units etc, DGs of RDSO and NAIR. Subject:- Investment options to Railway Employees under National Pension System and Unified Pension Scheme. A copy of Gazette Notification No. FX-4/2/2025-PR dated 13th November,2025, issued by Department of Financial Services, (Ministry of Finance), in partial modification of the Ministry of Finance’s (Department of Economic Affairs) Notification No. 5/7/2003-ECB&PR dated 22nd December, 2003 (circulated vide Board’s letter No.F(E)IN/2003/PN1/24 dated 31.12.2003) as amended vide Ministry of Finance’s (Department of Financial Services) Notification No. 1-3-2016-PR dated 31st January, 2019 (circulated vide Board’s letter No. D-43/12/2018-F(E)III dated 21.02.2019), and the Minis...