https://www.taxtmi.com/news?id=13211 Subscribers exiting the National Pension System before normal superannuation must use 80% of accumulated pension wealth to purchase an annuity providing monthly pension, with the balance paid as a lump-sum. Claims are lodged via the subscriber's nodal office to the NPS Claims Processing Cell at the Central Recordkeeping Agency. The pension regulator settles claims submitted with complete documentation, and contributions are accounted for and invested once uploaded into the recordkeeping system by the relevant government department. en-us Fri, 01 Aug 2014 17:52:44 +0530 Fri, 01 Aug 2014 17:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13211 Subscribers exiting the National Pension System before normal superannuation must use 80% of accumulated pension wealth to purchase an annuity providing monthly pension, with the balance paid as a lump-sum. Claims are lodged via the subscriber's nodal office to the NPS Claims Processing Cell at the Central Recordkeeping Agency. The pension regulator settles claims submitted with complete documentation, and contributions are accounted for and invested once uploaded into the recordkeeping system by the relevant government department. News - Fri, 01 Aug 2014 17:52:44 +0530 https://www.taxtmi.com/news?id=13211