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    <title>Maximum age of joining National Pension System (NPS) increased from the existing 60 years to 65 years under NPS- Private Sector</title>
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    <description>PFRDA extended the maximum joining age for NPS private models to permit later-life subscriptions with the same pension fund and investment choices; exit and annuity rules for late entrants require a minimum portion of the corpus to be used to purchase an annuity with remaining lump-sum withdrawal permitted, stricter annuity proportions applying to earlier exits, and full corpus payment to nominees on subscriber death.</description>
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      <description>PFRDA extended the maximum joining age for NPS private models to permit later-life subscriptions with the same pension fund and investment choices; exit and annuity rules for late entrants require a minimum portion of the corpus to be used to purchase an annuity with remaining lump-sum withdrawal permitted, stricter annuity proportions applying to earlier exits, and full corpus payment to nominees on subscriber death.</description>
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