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Jun 24, 2024 · "Indira Gandhi National Old Age Pension Scheme" is one of the five sub-schemes of the National Social Assistance Programme. Under IGNOAPS, citizens living Below Poverty Line and 60 years or above in age are eligible to apply. A monthly pension of ₹ 200 up to 79 years and ₹ 500 thereafter.
Atal Pension Yojana (APY), a pension scheme for citizens of India is focused on the unorganized sector workers. Under the APY, guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.
Pradhan Mantri Vaya Vandana Yojana (PMVVY) is a Pension Scheme announced by the Government of India exclusively for the senior citizens aged 60 years and above which was available from 4th May, 2017 to 31st March, 2020.
PMVVY is an insurance policy-cum-pension scheme that provides security to senior citizens. This pension plan is provided by Life Insurance Corporation (LIC) which caters to one’s need for post-retirement financial planning.
The Scheme is funded by the Central government. This scheme is applicable for eminent senior citizens and institutes involved in rendering distinguished services for the cause of elderly persons. Institutes and senior citizens can avail this scheme by contacting Ministry of Social Justice and Empowerment.
Jun 24, 2024 · Benefits. ₹ 850/- per month to pensioners aged between 60 years to 69 years. ₹ 1500/- per month to pensioners aged 70 years and above. Eligibility. The applicants must be a resident of Himachal Pradesh state.
The department of Pension Pensioners' Welfare is the nodal department for formulation of policies relating to pension & other retirement benefits of Central Government Pensioners/Family Pensioners. It also serves as a forum for redress of Pensioners' Grievances . Organisation. Noteworthy.
The Senior Citizens’ Saving Scheme is a retirement benefit program by the Government of India. Individuals over 60 years can opt for the SCSS scheme by investing by making an individual or joint investment. In addition, this scheme provides tax benefits.
Jun 14, 2024 · Pension Schemes of Senior Citizens at a Glance. Senior Citizens Savings Scheme-SCSS: Offered by banks and post offices, the RoI on SCSS is 7.60% p.a. Pradhan Mantri Vaya Vandana Yojana –...
All Governments have a responsibility towards their senior citizens. The Pensioners Helpline is a step in this direction. Besides ensuring that the pension is credited to the pensioner's account on due date, the detail of pension being credited are also being available on the internet.
