PFRDA plans alternative to compulsory annuity in NPS2 min read 26 Feb 2020, 06:14 PM IST
There are two proposals in the works that the PFRDA will put forth to the finance ministry after the feedback it received from subscribers
One of the options that PFRDA is working on is introducing a Systematic Withdrawal Plan (SWP) for NPS subscribers on maturity as an additional option.
The Pension Fund Regulatory and Development Authority (PFRDA) is working on a plan to introduce an alternative to the mandatory annuity that a subscriber has to buy when exiting the National Pension Scheme (NPS).
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