What are the conditions for annual withdrawal?

The subscriber shall have been in the National Pension System at lease for a period of three years from the date of his or her joining. Withdrawal is allowed for some specific purposes only For the higher education of children For the marriage of children For the purchase/construction of a residential house or flat in his or her own name or in a joint name with his or her legally wedded spouse. In case, the subscriber already owns either individually or in the joint name a residential house or flat, other than ancestral property, no withdrawal under these regulators shall be permitted. Treatment for prescribed illness-suffered by subscriber, his legally wedded spouse, children including a legally adopted child and dependent parents. Prescribed illness include, Cancer Kidney Failure (End Stage Renal Failure) Primary Pulmonary Arterial Hypertension Multiple Scierosis Coronary Srtery Bypass Graft Aorta Graft Surgery Heart Vakve Surgery Stroke Myocardial Infarction Coma Total Blindness Paralysis Accident of serious/life threatening nature Any other critical illness of a life threatening nature as stipulated in the circulars, guidelines or notifications issued by the Authority from time to time To meet medical and incidental expenses arising out of the disability or incapacitation suffered by the subscriber. Towards meeting the expenses by subscriber for skill development/re-skilting or for any other self development activities, as may be permitted by the Authority by issuance of appropriate guidelines, in that behalf. Towards meeting the expenses by subscriber for establishment of own venture or any start-ups, as may be permitted by the Authority by issuance of appropriate guidelines, in that behalf.