NPS subscribers must choose annuity pension plan as per need, no additional fee for selecting insurer: PFRDA
NPS rule: When selecting an Annuity Service Provider (ASP) while exiting the pension corpus, National Pension System (NPS) subscribers are free to select which annuity provider they want. Pension Fund Regulatory and Development Authority (PFRDA) has clarified the exit rules from NPS. In a circular dated July 27, 2023, the pension body clarified three things that all NPS subscribers must know
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