When the subscriber reaches superannuation or the age of 60, 60 per cent of the total corpus accumulated in NPS can be withdrawn as a lump sum. IMAGE: Kindly note the image has been posted only for ...
The Pension Fund Regulatory and Development Authority (PFRDA) recently proposed the ‘Systematic Lumpsum Withdrawal (SLW)’ option, allowing National Pension Scheme (NPS) subscribers to withdraw 60% of ...
PFRDA has a new option for NPS subscribers: a Systematic Lump sum Withdrawal facility The facility would enable NPS subscribers to withdraw their pension savings in a phased manner Pensioners can ...
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