Workers at Central Autonomous Bodies (CABs) who are part of the National Pension System (NPS) now have two more investing options, according to the Ministry of Finance. This decision expands the pool of potential investors beyond current Central Government personnel.
Eligible subscribers can now choose the LC-75 High (formerly the Aggressive Life Cycle Fund) under the new framework; this fund offers up to 75% equity exposure. Those looking to build wealth through equities investing over the long term and have a higher risk appetite may choose this fund.
The Aggressive Life Cycle Fund (formerly Balanced Life Cycle Fund – BLC) is the second choice, and it provides equity exposure up to a 50% limit. After the subscriber reaches 45 years old, their equity allocation is gradually reduced by its investing plan. This allows for a healthy combination of growth and stability as retirement approaches.
In order to make these investment options available to employees of Central Autonomous Bodies covered by the NPS, the Department of Expenditure extended the application of the Department of Financial Services notification issued on November 13, 2025, by an Office Memorandum dated July 1, 2026.
Employees will be able to tailor their pension investments to their individual risk tolerance, long-term financial objectives, and retirement preparation requirements as a result of this program, which the Finance Ministry claims will increase subscriber choice. The Central Recordkeeping Agency (CRA) system now offers subscribers better investment opportunities, and all relevant administrative ministries and departments have been directed to notify all qualified organisations about this.
Image: Money Control
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