+
Govt Extends LC75, BLC Options to Central Staff under NPS, UPS
ECONOMY & POLICY

Govt Extends LC75, BLC Options to Central Staff under NPS, UPS

The Government of India has approved the extension of Life Cycle 75 (LC75) and Balanced Life Cycle (BLC) investment options to Central Government employees under the National Pension System (NPS) and Unified Pension Scheme (UPS).

The decision, taken in response to long-standing employee demand, enables Central Government staff to choose from a wider range of investment options similar to those available to non-government subscribers. The move aims to enhance flexibility in retirement planning and allow employees to align their pension corpus with their risk appetite and financial goals.

Under the revised framework, employees may now select from the default pattern defined by the Pension Fund Regulatory and Development Authority (PFRDA), or opt for schemes such as LC25, LC50, LC75, or BLC. These options offer varying equity allocations, which automatically taper as employees age to ensure balanced risk management.

The LC75 scheme allows up to 75 per cent equity exposure, while the BLC model extends equity participation until the age of 45, providing a longer growth period for those with higher risk tolerance. The glide-path mechanism ensures that equity exposure reduces progressively with age, protecting against market volatility as retirement nears.

Officials stated that the extension broadens auto choice options under the NPS and UPS, encouraging informed, diversified, and goal-oriented retirement planning for Central Government employees.

The Government of India has approved the extension of Life Cycle 75 (LC75) and Balanced Life Cycle (BLC) investment options to Central Government employees under the National Pension System (NPS) and Unified Pension Scheme (UPS). The decision, taken in response to long-standing employee demand, enables Central Government staff to choose from a wider range of investment options similar to those available to non-government subscribers. The move aims to enhance flexibility in retirement planning and allow employees to align their pension corpus with their risk appetite and financial goals. Under the revised framework, employees may now select from the default pattern defined by the Pension Fund Regulatory and Development Authority (PFRDA), or opt for schemes such as LC25, LC50, LC75, or BLC. These options offer varying equity allocations, which automatically taper as employees age to ensure balanced risk management. The LC75 scheme allows up to 75 per cent equity exposure, while the BLC model extends equity participation until the age of 45, providing a longer growth period for those with higher risk tolerance. The glide-path mechanism ensures that equity exposure reduces progressively with age, protecting against market volatility as retirement nears. Officials stated that the extension broadens auto choice options under the NPS and UPS, encouraging informed, diversified, and goal-oriented retirement planning for Central Government employees.

Related Stories

Gold Stories

Next Story
Real Estate

The Energy-Smart Buildings

Passive design is an integral part of energy-efficient architecture. Sophisticated building systems also contribute to this end. But what role do materials play in enhancing a building’s energy-efficiency?“Material selection is one of the earliest opportunities to influence how a building performs,” says Tejbeer Singh, Principal Architect & Founder, Expressionist by Tejbeer Singh. “The objective is not simply to select materials that look appropriate but to understand how they behave within the climate and construction system.”To read the full article Click Here ..

Next Story
Infrastructure Transport

When the Lowest Bid Comes at a Cost

India's infrastructure sector is building at a scale few markets can match. New highways, expressways, metros, bridges and complex engineering projects are transforming the country's landscape. Yet, behind this rapid expansion is a growing concern within the contracting community: Can infrastructure be delivered sustainably when competition pushes prices below commercially viable levels?For Praveen Sethia, Founder & Director, Infra Advisors, who moderated the discussion, the question goes beyond the contractor's commercial interests. Contractors may be one of the two parties to a contract,..

Next Story
Real Estate

Ultra-Luxury Projects Reshape Gurugram’s Housing Market

Gurugram’s luxury housing market has expanded beyond its traditional prime locations, with corridors such as Dwarka Expressway and Golf Course Extension Road emerging as key centres for premium residential development. Larger homes, integrated developments and amenity-led communities are attracting demand from end-users and investors.A 2025 report by Sotheby’s International Realty in collaboration with CRE Matrix identified Gurugram as India’s fastest-growing ultra-luxury housing market. The city overtook Mumbai in total sales value for homes priced above Rs 10 crore, recording nearly Rs..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code