The Finance Ministry announced on Friday that the government has approved two more investment options, "Life Cycle" and "Balanced Life Cycle," for central government employees under the National Pension System (NPS) and Unified Pension Scheme (UPS). Central government employees can now choose from a variety of investment options under NPS and UPS.

Life Cycle (LC-25): This option allows a maximum of 25% of equity investments, which gradually decreases from age 35 to age 55.

Balanced Life Cycle (BLC): This option allows a maximum of 25% of equity investments, which gradually decreases from age 45 to age 55. This option allows employees to remain invested in equities for a longer period if they wish.

Other existing options: LC-75: This option allows a maximum of 75% of equity investments, which gradually decreases from age 35 to age 55.

LC-50: This limits the maximum investment of 50% of the retirement fund to equities.

Scheme G: This scheme invests 100% in government securities, which is a low-risk option.

Employee Demands
This decision was made following persistent demands from central government employees, who wanted more investment options, similar to those available to private sector employees. The Finance Ministry stated that these options were created to provide greater flexibility in retirement planning and allow employees to manage their retirement corpus as per their choice.

Disclaimer: This content has been sourced and edited from Navbharat Times. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.