Section 18 of The Unified Pension Scheme
18. Partial Withdrawal. -(1) UPSSubscriber shall be eligible to make partial withdrawals from the individual corpus
under the UPS PRAN, after completion of lock-in period of three years from the date of enrolment under UPS or NPS
whichever is earlier, up to a maximum of three times in total including the number of withdrawals, if any already made
under NPS in terms of PFRDA (Exits and Withdrawals under National Pension System) Regulations, 2015, during the
entire tenure under UPS.
(2) Such withdrawals shall not be made for more than twenty-five percent. of the own contributions (excluding accretion
thereon) made by the UPS Subscriber, as on the date of application for withdrawal and subject to such conditions as
specified under this regulation.
(3) Such withdrawal request shall be permitted for any of the following purposes only:
(a) for higher education of his or her children including a legally adopted child;
(b) for the marriage of his or her children, including a legally adopted child;
(c) for the purchase or 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 regulations shall be permitted;
(d) for treatment of illnesses: if the UPS Subscriber, his legally wedded spouse, children, including a legally adopted child
or dependent parents suffer from any illness, which requires hospitalization;
(e) to meet medical and incidental expenses arising out of the disability or incapacitation suffered by the UPS Subscriber;
(f) towards meeting the expenses by UPS Subscriber for skill development or reskilling or for any other self-development
activities.
(4) Where a UPS Subscriber is suffering from any illness, the request for partial withdrawal may be submitted, by any
family member of such subscriber, as recorded and certified by the nodal office.
(5) A subscriber who has made a partial withdrawal shall have an option to replenish the value of such withdrawal before
the date of superannuation or retirement, as the case may be.