The Pension Fund Regulatory and Development Authority (PFRDA) on July 09, 2026, notified regarding the enhancement of Investment Choice Options under NPS for subscribers of Central Autonomous Bodies (CABs).
The following has been stated:
• PFRDA has expanded the National Pension System (NPS) investment choices for subscribers of Central Autonomous Bodies (CABs) by introducing two additional Auto Choice life-cycle investment options, increasing the total available investment choices from four to six. The new options are Auto Choice – Life Cycle 75–High (15E/55Y) and Auto Choice – Life Cycle Aggressive (35E/55Y), offering higher equity exposure based on the subscriber's age. Subscribers opting for any non-default investment choice must select one of the five alternative investment options and choose a PFRDA-registered Pension Fund.
• The circular has been issued pursuant to the Department of Expenditure Office Memorandum dated July 1, 2026, to provide greater flexibility and enhance retirement planning options for CAB subscribers under the NPS.
[Notification no. - PFRDA/2026/39/SUP-CGSG/01]
