New Delhi, Dec. 17 -- Non-government National Pension Scheme (NPS) subscribers can now withdraw up to 80% of their retirement corpus as a lump sum when they exit the scheme, thanks to the latest changes in the rules.

The PFRDA (Exits and Withdrawals under the National Pension System) Amendment Regulations, 2025, notified on Tuesday, 16 December, bring a major shift in how retirement benefits are paid to non-government subscribers, including those under the All Citizen Model and Corporate NPS.

Here is a detailed breakdown of the revised NPS rules, explaining how subscribers with different sizes of retirement corpus will be affected.

Before the latest changes, retirees were required to mandatorily invest 40% of their corpus in an annuity...