“PFRDA has approved the “Deferment option” for the annuity purchase at the time of exit from NPS with condition that such deferment can be for a maximum period of 3 years. One can initiate the annuity purchase option at any time before lapse of 3 years from the date of such deferment, by giving an application or notice to the Central Record Keeping Agency.”
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
PFRDA/ 2013/14/ PDEX /9September 17, 2013
To,All Govt depts./PAO’s/DDO/ POP’s, CRA & other stakeholders
Dear Sir/ Madam,
Sub: Option to defer Annuity purchase under NPS at the time of exitClick for continue »