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New Delhi, Dec 17 (PTI) Pension regulator PFRDA has revamped the exit and withdrawal rules, allowing non-government subscribers of National Pension System (NPS) to withdraw up to 80 per cent of the fund accumulated at the time of exit. The withdrawal limit earlier was up to 60 per cent of the accumulated pension wealth, and the remaining was expected to be utilised for buying an annuity, providing for a monthly or any other periodical pension. Besides, the regulator has also raised the exit ag ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) Non-government NPS subscribers can now withdraw 80 per cent of their retirement corpus as a lump sum at the time of exit, according to the Pension Fund Regulatory and Development Authority's (PFRDA) amended regulations announced on Tuesday. PFRDA's amendments to the National Pension System (NPS) make the exit rules under the non-government sector much more flexible under the Common Schemes (CS) and Multiple Scheme Framework (MSF). Earlier, subscribers could w ...Read More >
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