NPS Investment Choices Extended to Central Autonomous Bodies Employees
Quick Look
- The Indian government has extended two additional National Pension System (NPS) investment choices, LC-75-High and Aggressive Life Cycle Fund, to employees of Central Autonomous Bodies (CABs).
- Previously available only to central government employees, these options offer increased flexibility and choice for CAB subscribers based on their risk appetite and financial goals.
AI-generated summary
The Indian government has extended two additional National Pension System (NPS) investment choices, LC-75-High and Aggressive Life Cycle Fund, to employees of Central Autonomous Bodies (CABs). Previously available only to central government employees, these options offer increased flexibility and choice for CAB subscribers based on their risk appetite and financial goals.