Enhancement of Lump sum Withdrawal limit on Exit: Railway Board

Enhancement of Lump sum Withdrawal limit on Exit: Railway Board Order RBE No.75/2021 dated 20.10.2021

RBE No.75/2021

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. 2016/F(E)II/1(1)/3

New Delhi, Dated: 20.10.2021

The GMs/Principal Financial Advisors,
All Zonal Railways/Production Units (etc),
(As per mailing list)

Sub: Enhancement of Lump sum Withdrawal limit on Exit.

A copy of Pension Fund Regulatory and Development Authority (PFRDA)’s Circular No. PFRDA/ 2021/41/ SUP-ASP/06 dated September 21, 2021 is enclosed herewith for information and compliance to the extent pertaining to Government Sector.

2. The Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) Regulations, 2015 & The Pension Fund Regulatory and Development Authority (Exits and Withdrawal under the National Pension System) (Amendment) Regulations, 2021, mentioned in the circular enclosed herewith have been adopted on Railways vide letters of even number dated 27.05.2016 & 10.08.2021, respectively.

(G. Priya Sudarsani),
Director, Finance (Estt.),
Railway Board.

DA: One

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Also check the following links related to this topic:

Exits and Withdrawals under the National Pension System – Railway Board

PFRDA (Exits and Withdrawals under the NPS) (Amendment) Regulations, 2021

Permission of Partial withdrawals towards treatment of specified illnesses – PFRDA