PFRDA issues consolidated investment rules for govt pension schemes; caps equity at 25%

• PFRDA issued new investment rules for government-sector pension schemes, including NPS and APY, effective immediately.
• The new Master Circular consolidates previous guidelines to simplify compliance and protect subscribers' retirement savings.
• Investment limits include up to 65% in government bonds, 45% in corporate debt, and 25% in equities.
• Funds can also invest up to 10% in money-market instruments and 5% in REITs, InvITs, and AIFs, with strict diversification and risk management rules.

Why It Matters: New PFRDA rules impact how your government pension savings are invested and protected.