The chairman of Pension Fund Regulatory and Development Authority of India, PFRDA Hemant G Contractor, said the finance ministry will go through the proposal seeking a hike in the investment limit of pension funds by up to 50 per cent into equity market. The Authority has sought approval of Finance Ministry to raise the limit of government employees' pension funds in the stock market.<br/><br/>Talking to the news agency, in New Delhi today Mr Hemant said the proposal will later send to an expert committee for detail study. He also said the state and central government employees should be allowed to invest more in equity market to get the same exposure to the stock market as the employees of private sector get. <br/><br/>Currently, the pension funds under PFRDA is allowed to invest up to 15 per cent of the corpus into stock market. The raise in investment limit into equity market is one of the recommendations of the G N Bajpai committee, stating the investment of pension funds into stocks market should be enhanced.