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NPS rules changed: Subscribers to get up to 60% withdrawal of their pension; know how

For its pensioners, the PFRDA has suggested a Systematic Lump Sum Withdrawal (SLW) facility. This permits NPS members to take withdrawals of up to 60% of their entire pension fund on a monthly, quarterly, half-yearly, or annual basis that is until they reach the age of 75.

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As new NPS withdrawal rules come into effect, what has changed now? An explainer

As per the revised rules, up to 60% of NPS maturity amount can be withdrawn in instalments till the subscribers hit the age of 75.

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NPS subscribers can now opt for automated periodic withdrawals of 60% corpus

NPS subscribers can now opt for automated periodic withdrawals of 60% corpus
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Pension fund regulatoryDevelopment authorityNational pension systemSystematic lumpsum withdrawalCentral record keeping agencies

PFRDA s outreach to CPSEs, corporates and NRIs to enhance NPS play

PFRDA s outreach to CPSEs, corporates and NRIs to enhance NPS play
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Deepak mohantyUn international day for olderChairman deepakCentral publicSystematic lumpsum withdrawalCentral record keeping agencies

PFRDA s outreach to CPSEs, corporates and NRIs to enhance NPS play

PFRDA s outreach to CPSEs, corporates and NRIs to enhance NPS play
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Deepak mohantyUn international day for olderChairman deepakCentral publicSystematic lumpsum withdrawalCentral record keeping agencies