PFRDA Amends NPS Exit and Withdrawal Rules to Boost Subscriber Flexibility
Dec 20, 2025
The Pension Fund Regulatory and Development Authority (PFRDA) has notified amendments to the PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015. According to a Finance Ministry statement issued on Friday, the changes are primarily aimed at non-government sector subscribers, while also rationalizing certain provisions for the government sector. The amendments are intended to provide greater flexibility, choice, and autonomy in investment and withdrawal decisions, helping subscribers better manage their accumulated pension wealth. The revised regulations were finalized after extensive consultations with stakeholders.