Search results
Atal Pension Yojana (APY) Notification dated 16th October 2015. “Click Here" for Aadhaar Seeding of APY Subscribers. Aadhaar Authentication for APY-SPs.
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.
Atal Pension Yojana, APY scheme aims to provide pension benefits and social security to the people working in unorganized sector with a minimum contribution per month. Read on to know about APY Online Scheme, eligibility and benefits.
The Atal Pension Yojana (APY) is a government-sponsored guaranteed pension scheme with a monthly income range between Rs. 1000 and Rs. 500.
Pension Reforms. Atal Pension Yojana. What is pension? Why do I need it? A Pension provides a monthly income to the people during their unproductive years. Need for Pension: Decreased income earning potential with age. The rise of nuclear Family. Migration of earning members. Rise in cost of living. Increased longevity.
Jul 9, 2024 · Atal Pension Yojana (APY) is an old age income security scheme for a savings account holder in the age group of 18-40 years, who is not an income tax-payee. It helps to address longevity risks among workers in unorganized sector and encourages the workers to voluntarily save for retirement.
Atal Pension Yojana (APY, translation: Atal's Pension Scheme), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector.
For opening an APY account, you need to be a citizen of India. You can join the APY scheme if you fulfil the following criteria: You need to be at least 18 years of age, and not older than 40 years of age. You need to have a savings bank account with any bank or a post office .
Atal Pension Yojana is a pension scheme introduced by the Government of India in 2015–16. It was implemented with an objective to provide pension benefits to individuals in the unorganized sector. This scheme is regulated and controlled by the Pension Funds Regulatory Authority of India (PFRDA).
The GoI has therefore announced a new scheme called Atal Pension Yojana (APY)1 in 2015-16 budget. The APY is focussed on all citizens in the unorganized sector. The scheme is administered by the Pension Fund Regulatory and Development Authority (PFRDA) through NPS architecture. HIGHLIGHTS OF ATAL PENSION YOJANA.
