PFRDA's NPS Rules: Cash Out Smoothly, Keep It Real, G
Yo, peep this! The PFRDA just flipped the script on NPS rules, lettin' you cash out some of your own dough, but keep it chill, g. You can still pull funds for a new crib or medical bills, but starting a biz? That’s out the door, fo' shizzle!
Quick rundown
- PFRDA updates NPS exit regulations for 2025.
- Subscribers can now use up to 25% of their pension as collateral.
- Medical withdrawal scope expanded beyond critical illnesses.
- Skill development withdrawals removed from NPS eligibility.
- New withdrawal rules offer more flexibility for non-government subscribers.
