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Systematic Withdrawals Under Pension Scheme Soon: Fund Regulator To NDTV

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  • Published On: June 19, 2023
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Pension fund regulator PFRDA is planning to introduce a systematic withdrawal plan to give flexibility to pension account holders to withdraw a lump sum fund as per their choice on completion of 60 years. "The new plan will allow NPS Subscribers to periodically withdraw - either monthly, quarterly, half-yearly or annually till the age of 75 years," PFRDA Chairperson Deepak Mohanty told NDTV.
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