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NPS SUBSCRIBER EXIT
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...- NPS withdrawal rules clarified: Postal department says pension body explains conditions to withdraw 100% NPS-Lite corpusNPS-Lite subscribers can now withdraw their entire accumulated pension wealth up to Rs 2 lakh as a lump sum, the Department of Posts announ...
- 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 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 Sanchay scheme launched for informal sector employees: Age, eligibility criteria, minimum investment, withdrawal, exit, and other rules explainedPFRDA has launched NPS Sanchay, a simplified National Pension System variant, to serve India's informal sector employees. This scheme aims ...
- Revised NPS Swasthya Pension Scheme rules: Onboarding fee, coverage, claim process, premature exit and moreNew guidelines for NPS Swasthya Pension Scheme PoC 2 are now in effect. Health insurance benefits are mandatory for subscribers. The scheme...
- 9 NPS transactions unavailable on CRA platforms till April 1, 2026: Multiple NAV framework & other key changesThe PFRDA will implement revised investment management fees and updated Point of Presence charges from April 1, 2026, introducing a multipl...
- Early NPS exit in 15 Years and greater flexibility for withdrawals, suggests draft proposal from PFRDAPFRDA's draft proposal introduces significant changes to the National Pension System (NPS), allowing subscribers to exit after 15 years and...
- 18 major NPS changes in last 6 months: New online withdrawal facility to changes in NPS transaction statementNew NPS rules: The National Pension System CRAs registered with the Pension Fund Regulatory and Development Authority (PFRDA) are consisten...
- Major NPS rule changes 2023: Systematic Lumpsum Withdrawal facility, NPS Lite exit rules, consolidated statement & moreThe Pension Fund Regulatory and Development Authority (PFRDA) has implemented many rule and regulatory changes in 2023 to better facilitate...
- NPS rule changes in October: 2 changes made to NPS exit, withdrawal rules that can benefit subscribersThe Pension Fund Regulatory and Development Authority (PFRDA) has made proposed changes to NPS withdrawal for subscribers in the month of O...
- 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...
- NPS rule change: Uploading these documents will be mandatory for withdrawal from April 1, 2023In a bid to make annuity payments faster and simpler after exiting the National Pension System (NPS), Pension Fund Regulatory and Developme...
- Subscribers joining NPS after 65 years of age can take up to 50% equity exposureThe Pension Fund Regulatory and Development Authority (PFRDA) has revised the guidelines on entry and exit following an increase in the max...
- Exited NPS prematurely? PFRDA now gives subscribers two options to rejoin the schemeUnder NPS, the subscribers are allotted with a PRAN, and the subscribers can have one active PRAN at any given point of time. Hence, the el...
- Soon e-NPS subscribers can exit from the scheme via an online process: PFRDAThe proposed online process of e-NPS exit would be similar to the existing online e-NPS platform already in use for opening NPS accounts by...
- How to exit prematurely from NPSAt least 80% of the pension corpus must be used for purchasing an annuity that would provide monthly pension. Remaining can be withdrawn as...
- PFRDA relaxes NPS exit rules on medical groundsThe PFRDA has relaxed the exit rules under NPS on medical grounds if the subscriber is physically incapacitated or has suffered a bodily di...
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