PFRDA Casts a Spell to Ease Annuity Rules for Retirees

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PFRDA Casts a Spell to Ease Annuity Rules for Retirees

In a magical twist, the Pension Fund Regulatory and Development Authority (PFRDA) has waved its wand, granting retirees the power to surrender their enchanted annuities during dire times! This spell of relief, unveiled on Thursday, allows those facing critical illnesses to unlock their treasure troves, though they must still navigate the mystical rules set by the annuity service providers.