PFRDA Cuts NPS Annuity Norm To 20% From 40%, Introduces Phased Payout Via SUR
Last Updated:December 17, 2025, 09:01 IST PFRDA lowers NPS annuity limit to 20 percent for non-government employees, introduces Systematic Unit Redemption, and revises withdrawal rules based on APW Slabs. NPS is a government-backed pension scheme. PFRDA Revamps NPS: In a major overhaul, the Pension Fund Regulatory and Development Authority (PFRDA) has reduced the minimum annuity…