Pension scheme holders can withdraw funds to start business
Pension fund regulator PFRDA has said National Pension System (NPS) subscribers will now have the option to partially withdraw funds for setting up new business or pursuing higher education. NPS and Atal Pension Yojana, both regulated by the PFRDA, currently have a cumulative subscriber base of over 2.13 crore with total asset under management of over â¹2.38 trillion.