๐ฃ๐๐ฅ๐๐ ๐ต๐ฎ๐ ๐ฒ๐ ๐ฝ๐ฎ๐ป๐ฑ๐ฒ๐ฑ ๐๐ต๐ฒ ๐ถ๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐ฐ๐ต๐ผ๐ถ๐ฐ๐ฒ ๐ผ๐ฝ๐๐ถ๐ผ๐ป๐ ๐๐ป๐ฑ๐ฒ๐ฟ ๐๐ต๐ฒ ๐ก๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฃ๐ฒ๐ป๐๐ถ๐ผ๐ป ๐ฆ๐๐๐๐ฒ๐บ (๐ก๐ฃ๐ฆ) ๐ณ๐ผ๐ฟ ๐๐๐ฏ๐๐ฐ๐ฟ๐ถ๐ฏ๐ฒ๐ฟ๐ ๐ผ๐ณ ๐๐ฒ๐ป๐๐ฟ๐ฎ๐น ๐๐๐๐ผ๐ป๐ผ๐บ๐ผ๐๐ ๐๐ผ๐ฑ๐ถ๐ฒ๐ (๐๐๐๐).
PFRDA- Pension Fund Regulatory and Development Authority (PFRDA), through its Circular dated July 9, 2026 has broadened the investment framework applicable to Central Autonomous Body (CAB) subscribers by introducing two additional Auto Choice options under the National Pension System (NPS). The move aligns the investment choices available to CAB subscribers with those already available to Central Government subscribers.
Prior to this circular, CAB subscribers could choose between the Default Scheme, Active Choice (100% Government Securities),ย Auto Choice โ Life Cycle 25 – Low (5E/55Y) and Auto Choice โ Life Cycle 50 โ Moderate (10E/55Y) options. The circular now increases the total number of investment choices from four to six by introducing:
(a)ย ๐๐ฎ๐ญ๐จ ๐๐ก๐จ๐ข๐๐ – ๐๐ข๐๐ ๐๐ฒ๐๐ฅ๐ ๐๐ – High (15E/55Y): Equity exposure of 75% until the subscriber attains 35 years of age, gradually reducing to 15% by the age of 55.
(b)ย ๐๐ฎ๐ญ๐จ ๐๐ก๐จ๐ข๐๐ – ๐๐ข๐๐ ๐๐ฒ๐๐ฅ๐ – Aggressive (35E/55Y): Equity exposure of 50% until the subscriber attains 45 years of age, tapering thereafter to 35% by the age of 55.
Subscribers opting for any investment choice other than the Default Scheme must also select a Pension Fund from among the Pension Funds registered with PFRDA.
The circular encourages subscribers to make informed investment decisions after reviewing the performance of Pension Funds and schemes available on the NPS Trust website, reflecting PFRDA’s continued emphasis on investor choice and transparency.
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