Finance
YellsyNPS Rules Get a Spicy Makeover: 10 Game-Changing Updates
Listen up, you financial nincompoops! The Pension Fund Regulatory and Development Authority just tossed out ten sizzling changes to the National Pension System. We're cranking up that investment horizon to 85 years—no more cutting corners! And that mandatory annuity? Slashed from 40% to 20%! Grab your cash at retirement and stop messing around! Get it together, NPS!
few days ago | Amit Kumar
Quick rundown
1.NPS investment age limit increased to 85 years.
2.Lower annuity requirement for non-government subscribers.
3.Full withdrawal allowed for NPS corpus up to Rs 8 lakh.
4.Systematic withdrawals introduced for phased corpus redemption.
5.NPS changes enhance flexibility and liquidity for retirees.
