The National Pension Scheme (NPS) will soon offer its subscribers the option of systematic withdrawal plan (SWP) for the 60% corpus disbursed at the time of retirement instead of the lump sum payment that they usually get, said Deepak Mohanty, chairman, Pension Fund Regulatory and Development Authority. Mohanty, who assumed charge in March, said in an interview with Mint that the SWP option is slated to be rolled out in October. Edited excerpts from the interview-
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