Once you start a pension or annuity, a minimum amount is required to be paid each year.
| Age of member | Minimum % withdrawal for 2013-14 onwards |
| Under 65 | 4% |
| 65-74 | 5% |
| 75-79 | 6% |
| 80-84 | 7% |
| 85-89 | 9% |
| 90-94 | 11% |
| Above 95 | 14% |
There is maximum limit for Account Based Pensions.
There is a maximum withdrawal limit of 10% of the member balance for Transition to Retirement Pensions.