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NPS ANNUITY PROVIDER
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
What is Retirement Income Scheme in NPS; how do SPR and SUR work?Under National Pension System's (NPS) Retirement Income Schemes (RIS), subscribers can choose periodic payouts till age 85 via Systematic P...
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
NPS launches Retirement Income Schemes: New drawdown option for pension payouts, benefits & rulesThe Pension Fund Regulatory and Development Authority has launched new Retirement Income Schemes and drawdown options for National Pension ...
NPS annuity exit rules relaxed: Policy surrender allowed in cases of critical illness, old policies with surrender clauseThe Pension Fund Regulatory and Development Authority has revised rules for National Pension System annuity surrenders. Subscribers facing ...
Maharashtra revised NPS scheme rule update: Rs 7,500 as minimum pension, family pension, gratuity, corpus, withdrawal conditions & moreMaharashtra's Revised NPS scheme offers assured pensions for state employees joining by December 2026. Those with 20 years' service get 50%...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement incomeThe National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to...
OPS vs NPS numbers shock: Govt data reveals only 1 National Pension System pensioner for 139 Old Pension Scheme retireesData presented in Parliament reveals a stark disparity, with only one NPS pensioner for every 139 OPS pensioners. While NPS was implemented...
NPS Annuity plans explained: Pick the right pension plan that fits your retirement needsRecent NPS reforms have introduced flexible withdrawal rules. With multiple annuity options available, understanding each type helps you se...
NPS subscribers must choose annuity pension plan as per need, no additional fee for selecting insurer: PFRDANPS rule: When selecting an Annuity Service Provider (ASP) while exiting the pension corpus, National Pension System (NPS) subscribers are ...
NPS rule change from April 1, 2023: You will have to mandatorily upload these documents for withdrawal from NPSIn order to speed up and simplify annuity payments after leaving the National Pension System, the Pension Fund Regulatory and Development A...
Shriram Life empanelled as annuity service provider for PFRDA pension schemeThe life insurer said its empanelment as an annuity service provider by the pension fund regulator will help garner more NPS subscribers un...
NPS death claim: Making NPS death claim when there is no nomination or invalid nominationIn the event of a Subscriber's death, her pension wealth shall be distributed among her nominees or legal heirs, as the case may be
How NPS corpus of deceased subscriber meant for purchase of annuity will be handledThe National Pension Scheme's exits and withdrawals are managed by the PFRDA, and any implementing changes affect how the NPS exits and wit...
Change in NPS pension rules proposed by PFRDA: How subscribers could gainNPS subscribers: The PFRDA has held discussions with the IRDAI to allow NPS pensioners to port their annuity plans. All you need to know ab...
LIC chosen as default NPS annuity service providerPFRDA chooses state-run LIC as the default annuity service provider for subscribers exiting from NPS and seeking withdrawal of accumulated ...