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Major NPS rule changes 2023: Systematic Lumpsum Withdrawal facility, NPS Lite exit rules, consolidated statement & more

The Pension Fund Regulatory and Development Authority (PFRDA) has implemented many rule and regulatory changes in 2023 to better facilitate and support NPS subscribers. Here is a look at a few important changes made to NPS in 2023. ....

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Major NPS rule changes 2023: Systematic Lumpsum Withdrawal facility, NPS Lite exit rules, consolidated statement & more

The Pension Fund Regulatory and Development Authority (PFRDA) has implemented many rule and regulatory changes in 2023 to better facilitate and support NPS subscribers. Here is a look at a few important changes made to NPS in 2023. ....

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NPS Lite: Do this to get a guaranteed monthly pension

NPS Lite: Do this to get a guaranteed monthly pension
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NPS Lite exit rules revised; what subscribers must know

Fresh enrollment under the NPS-Lite Swavalamban plan was discontinued in 2015 after the introduction of the Atal Pension Yojana (APY), with the exception of Gramin Dak Sevaks of the Department of Posts (DoP). ....

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