NPS Annuity plans explained: Pick the right pension plan that fits your retirement needs - What is an annuity?
- Posted on December 18, 2025
- By Business News Today
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NPS Annuity plans explained: Pick the right pension plan that fits your retirement needs - What is an annuity?
An annuity is the regular pension you receive after exiting NPS. You use your retirement corpus to buy an immediate annuity that pays periodic income based on your needs. These annuities are offered by IRDAI-regulated Annuity Service Providers (ASPs) empanelled with PFRDA. What is an annuity?
