welcomewiki has just posted in the HR Forum forum of Wiki Newforum under the title of All about the New Pension Scheme.
This thread is located at http://www.wikinewforum.com/showthread.php?t=5839
Here is the message that has just been posted:
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*What is the default option?
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The default option, called auto choice lifecycle fund, will see the investment mix change according to the age of the subscriber. At the lowest entry age of 18 years, auto choice entails an investment of 50 per cent in E, 30 per cent in C and 20 per cent in G.
The ratios will remain unchanged till the subscriber turns 36, when the ratio of investment in E and C will decrease annually, while the proportion of G rises.
By the time the subscriber is 55 years, G will account for 80 per cent of the corpus, while the share of E and C will fall to 10 per cent each.
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