New Delhi, May 18 (IANS) Pension Fund Regulatory and Development Authority (PFRDA) has unveiled a major overhaul of post‑retirement options under India’s National Pension System (NPS), allowing retirees to take periodic payouts from the withdrawable portion of their corpus.The new framework introduces a drawdown facility that lets subscribers opt for monthly, quarterly or annual payouts from the lump‑sum portion retained under NPS.These withdrawals will run alongside the mandatory annuity in…
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