NPS retirees to benefit from these new IRDAI norms on annuity proposal form NPS retirees to benefit from these new IRDAI norms on annuity proposal form Currently, NPS pensioners must submit an exit form to PFRDA before submitting a detailed proposal form for an annuity to insurers. This practice will be discontinued. Continue reading to learn more. Henil Shah / Friday, September 16, 2022 3 708 Article rating: 4.4 Currently, NPS pensioners must submit an exit form to PFRDA before submitting a detailed proposal form for an annuity to insurers. This practice will be discontinued. Continue reading to learn more. Read more