Gazette Tracker
Gazette Tracker

Core Purpose

This notification amends a previous Ministry of Finance notification to introduce new investment options under the National Pension System and Unified Pension Scheme for Central Government employees.

Detailed Summary

This notification, F. No. FX-4/2/2025-PR, issued by the Ministry of Finance (Department of Financial Services) on November 13, 2025, enacts partial modifications to the Ministry of Finance's (Department of Economic Affairs) Notification No. 5/7/2003-ECB&PR dated December 22, 2003, and its subsequent amendments via Ministry of Finance's (Department of Financial Services) Notification No. 1/3/2016-PR dated January 31, 2019, and Notification No. 1/3/2024-PR dated January 24, 2025. The Central Government's objective is to expand investment options available to Central Government employees under the National Pension System and Unified Pension Scheme. Specifically, under para 1(vii)(c) of the principal notification, two new sub-clauses are inserted: (C) an Aggressive Life Cycle Fund (LC-75) allowing a maximum equity exposure capped at 75%, and (D) a Balanced Life Cycle Fund (BLC) with a maximum equity exposure capped at 50%, featuring a tapering of the equity component commencing from the age of forty-five years. The principal notification was originally published in the Gazette of India, Extraordinary, Part I, Section 1, on December 22, 2003.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-13112025-267635 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY No. 336] NEW DELHI, THURSDAY, NOVEMBER 13, 2025/KARTIKA 22, 1947 7589 GI/2025 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I-SEC.1] MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 13th November, 2025 F. No. FX-4/2/2025-PR.β€”In partial modification of the Ministry of Finance's (Department of Economic Affairs) Notification No. 5/7/2003-ECB&PR dated 22nd December, 2003 as amended vide Ministry of Finance's (Department of Financial Services) Notification No. 1/3/2016-PR dated 31st January, 2019, and the Ministry of Finance's (Department of Financial Services) Notification No. 1/3/2024-PR dated 24th January, 2025, the Central Government, in order to allow more investment options to Central Government employees under National Pension System and Unified Pension Scheme, hereby makes the following amendments in the said notification, namely:- 2. Under para 1(vii)(c) of the said notification, after sub-clauses (A) and (B), the following sub-clauses shall be inserted, namely:- (C) Aggressive Life Cycle Fund with maximum exposure to equity capped at 75% - LC-75. (D) Balanced Life Cycle Fund with maximum exposure to equity capped at 50%, with tapering of equity component commencing from the age of forty-five years - BLC MANOJ MUTTATHIL AYYAPPAN., Jt. Secy. Note: The principal notification was published in the Gazette of India, Extraordinary, Part I, Section 1, vide Notification No. F. No. 5/7/2003-ECB&PR dated 22nd December, 2003, and was subsequently amended vide Notifications No. 1/3/2016-PR dated 31st January, 2019 and Notification No. 1/3/2024-PR dated 24th January, 2025. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Never miss important gazettes

Create a free account to save gazettes, add notes, and get email alerts for keywords you care about.

Sign Up Free