Voluntary retirement (after 20 years): full NPS exit benefits — 60% lump sum and 40% annuity (or deferral). Resignation: only 20% as lump sum; 80% must go into an annuity.
Source: NPS Rule 19
What is the difference in NPS benefits between voluntary retirement and resignation?
Related Questions
What happens if there is no eligible family member at the time of a subscriber's death?
What if my appointment order was dated December 2003 but I joined in February 2004 — which scheme applies?
Is the NPS corpus guaranteed?
Why is 40% of the corpus locked into an annuity?
Is there a penalty for not contributing to Tier-II in a year?
This answer is for informational purposes only and does not constitute legal advice. Always refer to the original rules and consult competent authorities for official interpretation.