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AI : PFRDA introduces Retirement Income Schemes and flexible drawdown options under NPS

PFRDA Structures NPS Decumulation: New Retirement Income Schemes And Drawdown Options

The PFRDA has introduced Retirement Income Schemes (RIS) and flexible drawdown options, giving structure to the decumulation phase for NPS subscribers. These reforms are aimed at providing sustainable financial security to ageing NPS subscribers

BY Versha Jain

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What Your Policy Won’t Cover
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