Contribution Structure
- Employee Contribution: 10% of Basic Pay + Dearness Allowance (DA).
- Government Contribution: Matching 10% (from payroll system).
- Additional Government Contribution: An estimated 8.5% of Basic Pay + DA to a Pool Corpus.
Corpus Composition
- Individual Corpus (IC): Accumulated contributions of employee and matching government share.
- Benchmark Corpus (BC): Notional corpus computed using default investment pattern, regular and timely contributions and without any partial withdrawal & voluntary corpus.
Investment Options
- Default Pattern (auto-assigned if no choice made).
- 100% Government Securities (Scheme G).
- Life Cycle Funds:
- Life Cycle 25 – Low (5E/55Y) (Equity allocation 25% upto 35 years of age, falling to 5% at 55+)
- Life Cycle 50 – Moderate (10E/55Y) (Equity allocation 50% upto 35 years of age, falling to 10% at 55+)
- Change Frequency:
- Pension Fund: Once per Financial Year.
- Investment Pattern: Twice per Financial Year.