New Delhi, Sept. 20 -- NPS Swasthya, the healthcare-focused pension scheme, now has its final operating framework. PFRDA has specified how much subscribers can withdraw for medical expenses, what insurance cover will be available and what happens if the balance is insufficient to renew the policy.

Under the final guidelines issued on September 18, subscribers can make healthcare-related partial withdrawals of up to 25% of their contributions to the NPS Swasthya account. The scheme also comes with a mandatory super top-up health insurance policy, with family-floater cover options ranging from Rs.1 lakh to Rs.30 lakh

NPS Swasthya is a healthcare-focused NPS scheme designed to combine retirement savings with access to healthcare benefits....