Government Extends LC75 and BLC Investment Options to Central Government Employees under NPS and UPS

The Government has approved the extension of LC75 and BLC investment options to Central Government Employees under both the National Pension System (NPS) and the Unified Pension Scheme (UPS). This is in line with the continued demand from Central Government employees for a broader range of investment options similar to those available to non-government subscribers.

These options are designed to enhance flexibility in retirement planning and allow employees to manage their retirement corpus according to individual preferences. Under NPS and UPS, the Central Government employees can now choose from a range of investment options like the default Option.

The decision will offer key benefits such as Greater flexibility and choice, Glide path mechanism, Broadened Auto Choice options and Support for informed planning.