The Economic Times News

Major NPS rule change: 80% withdrawal from retirement corpus allowed at exit, 100% in some cases

New rules allow non-government National Pension System subscribers greater flexibility. Up to 80% of retirement funds can now be withdrawn as lump sum. A minimum of 20% of the accumulated pension wealth will be used to purchase an annuity. These changes aim to provide subscribers more control over their retirement benefits. The regulations are effective from 2025.