Question
In the case of Government subscribers in National
Pension System, the lump sum is payable to the nominees/legal heirs if the corpus is less than or equal toSolution
This 80:20 rule for premature exit will apply to both the Government and Non-Government sector subscribers of NPS joining between 18-60 years. However, in the case of the Non-Government sector, the person should be a subscriber for 10 years. Under PFRDA (Exit and Withdrawal) (Amendment) Regulations, 2021 dated 14th June 2021, the provisions related to the lump sum withdrawal were modified for the benefit of subscribers. According to a PFRDA circular dated 21st September 2021, if the corpus is equal to or below Rs 2.5 lakh, then the full amount will be paid as a lump sum to the subscriber. In normal exit, the full amount can be withdrawn as a lump sum if the corpus is less than or equal to Rs 5 lakh. If the corpus is above Rs 5 lakh, then at least 40% of the accumulated pension wealth of the Subscriber has to be utilized for the purchase of an Annuity.
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This cream helps _________ the skin from harmful radiation from the sun.
My fear of the disease __________ after knowing the number of deaths it has caused till now.
Even though he knew he was right, he did not have the courage to openly ___________ a majority decision.
Steve Jobs is the legendary ___________ of Apple.
Given his grandmother’s health condition, he’ll now have to ___________ money for a full-time nurse.
Getting fired from my job has added to my ________; but I will not fall down.
The child agreed to have food, ________ reluctantly, when his mother said they were going to the park.
The stricter tax norms helped the government fill its ___________.
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