On 7 July 2026, the Ministry of Finance announced the extension of additional investment choices under the National Pension System (NPS) to employees of Central Autonomous Bodies (CABs), providing eligible subscribers with greater flexibility in managing their pension investments.
Key Highlights:
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The Government had earlier introduced two additional investment choices for Central Government employees covered under the NPS, which have now been extended to eligible employees of CABs.
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Eligible CAB employees can now opt for the following additional investment options:
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LC-75-High (earlier Aggressive Life Cycle Fund – LC-75): An investment option with equity exposure of up to 75%, designed for subscribers seeking higher long-term growth potential.
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Aggressive Life Cycle Fund (earlier Balanced Life Cycle Fund – BLC): An investment option with equity exposure capped at 50%, with a gradual reduction in equity allocation beginning from the age of 45 years, offering a balance between growth and stability.
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The extension aims to provide greater flexibility to NPS subscribers in Central Autonomous Bodies by enabling them to align their pension investments with their risk appetite, financial objectives, and retirement planning requirements.
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The additional investment choices are expected to strengthen subscriber choice and enhance the attractiveness of the NPS for employees covered under NPS across CABs.
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Administrative Ministries and Departments have been directed to inform the CABs under their administrative control about the availability of the additional investment options.
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These investment choices will be made available through the Central Recordkeeping Agency (CRA) system.
