What are some pension withdrawal rules under National Pension Scheme (NPS) if I wish to voluntarily exit the plan before retirement?
Below are some of the pension withdrawal rules for voluntarily exiting the NPS:
Rule 1: the person holding the account needs to maintain an account for at least 10 years.
Rule 2: if the account holder needs to purchase the annuity, 80% of the amount must be used.
Rule 3: if the accumulated pension is less than Rs 1,00,000 then you can withdraw the entire amount.
