When you attain the age of 60: Exiting APY at the age of 100 per cent annuitization of pension wealth is permitted. The Subscriber's pension would be available upon leaving.
In the event of the Subscriber's death: In the event of the Subscriber's death, the pension would be available to the spouse, and if both of them (Subscriber and spouse) die, the pension corpus will be returned to the nominee.
Exit Prior to the age of 60: Exit before the age of 60 would be permitted only in extreme situations, such as the death of a beneficiary or the onset of severe sickness.