Finance Ministry extends National Pension System (NPS) investment choices to central autonomous bodies

Exam-focused facts from the 9 July 2026 current affairs briefing.

Key facts

The Finance Ministry has extended two additional investment choices under the National Pension System (NPS) to employees of central autonomous bodies (CABs).
The expenditure department extended the applicability of the Department of Financial Services notification dated November 13, 2025, to CAB employees.
The Aggressive Life Cycle Fund (LC-75), now renamed LC-75-High, provides an investment option with equity exposure of up to 75 per cent.
The Balanced Life Cycle Fund (BLC), now renamed the Aggressive Life Cycle Fund, caps equity exposure at 50 per cent.
The BLC option features a gradual reduction in equity allocation starting from the age of 45 years.