Extension of Life Cycle Investment Options for Central Government Employees

The Government of India has approved the extension of Life Cycle 75 (LC75) and Balanced Life Cycle (BLC) investment options for Central Government Employees under the National Pension System (NPS) and Unified Pension Scheme (UPS). This decision aims to provide employees with a broader range of investment choices, enhancing flexibility in retirement planning and allowing for better management of retirement funds according to individual preferences. Key benefits include greater choice, a glide path mechanism for equity allocation, and support for informed retirement planning.

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