Finance
Mr. BillionhairNational Pension System: FY25 Withdrawals Are *YUGE* Folks!
Listen up, folks! FY25 is a massive year for the National Pension System! A record-breaking 172,625 requests for homes, with 155,236 settled! That's billions in play—Rs 1,327.91 crore! And medical withdrawals? Huge numbers! Total requests? A staggering 271,738! It’s a fantastic time to be alive, believe me!
few days ago | Harsh Kumar
Quick rundown
1.NPS saw the highest withdrawal requests for house purchases in FY25.
2.PFRDA clarified house purchase withdrawals as one-time.
3.Withdrawals for medical needs now cover broader treatments.
4.Skill development withdrawals were removed from eligibility.
5.Total of 271,738 withdrawal requests were reported in FY25.
