New Delhi, July 7 -- Employees of Central Autonomous Bodies covered under the National Pension System will now have access to two additional investment options that were earlier available only to Central Government staff. The move is aimed at giving more flexibility to align retirement savings with individual risk appetite. Announcing the decision on Tuesday, the Ministry of Finance said the extension applies with immediate effect.

"The Government of India has extended two additional investment choices under the National Pension System (NPS) to employees of Central Autonomous Bodies (CABs) covered under NPS," the Ministry stated.

According to the Department of Expenditure, the applicability of the Department of Financial Services notifi...