- The PDF says NPS applies to railway personnel substantively appointed on or after 1 January 2004 and refers to PFRDA and Railway Board Order RBE No. 55/2026.
- It states employee contribution of 10% of emoluments (Basic Pay + DA) and Railway Administration contribution of 14%.
- For superannuation at age 60, the PDF lists: corpus up to ₹8 lakh — 100% lump-sum withdrawal; ₹8–12 lakh — maximum ₹6 lakh lump sum with the balance for annuity; above ₹12 lakh — up to 60% lump sum and at least 40% annuity.
- For premature resignation before age 60, the PDF states an 80% mandatory annuity purchase, except where corpus is below ₹5 lakh, when 100% cash-out is allowed. It mentions continuation up to age 85.
- It states partial withdrawal is permitted after 3 completed years, up to 25% of the employee's own contributions, a maximum of 3 times over the lifetime, for children's higher education, marriage, home ownership or chronic medical emergencies.
National Pension System (NPS)
Contributions, exit slabs, premature exit and partial withdrawal
Source: Railway_Master_Pension_Guide_OPS_NPS_UPS.pdf, pages 1–2. This reflects the uploaded PDF and is not an independent verification of current rules.