Government Extends Additional NPS Investment Choices to CAB Employees Covered Under NPS
The Ministry of Finance has extended two additional investment choices under the National Pension System to eligible employees of Central Autonomous Bodies
The Ministry of Finance has extended two additional investment choices under the National Pension System to eligible employees of Central Autonomous Bodies
Eligible CAB employees can now access additional NPS investment options aligned with their retirement goals and risk preferences.
The Unified Pension Scheme was introduced to strengthen retirement security for Central Government employees through transparency, flexible and tax-efficient options.
Article 246 read with List 1 Entry 2 of the Seventh Schedule of Constitution of India envisages Armed Forces of the Union of India and includes “Naval, Military and Air Forces; any other armed forces of the Union”