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      Question

      What is the annuity purchase requirement for early exits

      under NPS?
      A 40% Correct Answer Incorrect Answer
      B 50% Correct Answer Incorrect Answer
      C 60% Correct Answer Incorrect Answer
      D 80% Correct Answer Incorrect Answer
      E 100% Correct Answer Incorrect Answer

      Solution

      For early exits (before age 60 or 15 years of service), the rule requiring 80% of the corpus to be used for annuity continues to apply.

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