The Ministry of Finance, through the Department of Expenditure, has extended two additional investment choices under the National Pension System (NPS) to employees of Central Autonomous Bodies (CABs) covered under NPS. This extension follows the Department of Financial Services Notification dated 13 November 2025, which originally introduced these options for Central Government employees.
The two new investment options now available to CAB employees are: the Aggressive Life Cycle Fund (LC-75) now renamed as LC-75-High, which offers equity exposure of up to 75% and is designed for subscribers seeking higher growth potential over the long term; and the Balanced Life Cycle Fund (BLC) now renamed as Aggressive Life Cycle Fund, which has equity exposure capped at 50% with a gradual reduction in equity allocation beginning from age 45, offering a balanced approach between growth and stability.
The extension aims to provide greater flexibility for NPS subscribers in Central Autonomous Bodies, enabling them to align their pension investments with their individual risk appetite, financial goals, and retirement planning requirements. Administrative Ministries and Departments have been directed to inform the CABs under their administrative control about the availability of these investment choices, which will be made available in the Central Record keeping Agency (CRA) system. The move is intended to strengthen subscriber choice and enhance the attractiveness of the National Pension System for employees covered under NPS across Central Autonomous Bodies.