Atal Pension Yojna: Are you also worried about not having regular income after retirement? You are also from the unorganized sector and have not invested in any pension scheme yet. Here we are telling you about the scheme run by the government.
Atal Pension Yojna: Are you also worried about not having regular income after retirement? You are also from the unorganized sector and have not invested in any pension scheme yet. Here we are telling you about the scheme run by the government in which by investing about Rs 200 every month, you can get a pension of Rs 5000 throughout your life. You will get a pension of Rs 60,000 annually through the government scheme Atal Pension.
Deposit just Rs 210 and get monthly pension of Rs 5000
By depositing just Rs 210 every month, you can get a maximum pension of Rs 5,000 every month after retirement i.e. after 60 years. The name of this government scheme is Atal Pension Yojana in which guaranteed pension is given every month. According to the current rules, if a maximum of Rs 5,000 is added for monthly pension at the age of 18 years, then you will have to pay Rs 210 every month. If you pay the same amount every three months, you will have to pay Rs 626 and if you pay every six months, you will have to pay Rs 1,239. To get a pension of Rs 1,000 per month, if you invest at the age of 18, you will have to pay Rs 42 per month.
What is Atal Pension Yojana?
The government has brought Atal Pension Yojana in the Budget 2015-16 keeping in view the security of income in old age. Through this scheme, the government is encouraging the common people, especially those associated with the unorganized sector, to save as much as possible. People associated with the unorganized sector also have to be protected from the risk of not having income after retirement. This scheme is being run by Pension Fund Regulatory and Development Authority (PFRDA).
Will get pension of Rs 5,000 every month
Under Atal Pension Yojana, customers get pension ranging from Rs 1,000 to Rs 5,000 every month. The Government of India guarantees the minimum pension benefit. The central government contributes 50 percent of the subscriber’s contribution or Rs 1,000 annually, whichever is less. Government contributions are paid to people who are not covered under any statutory social security scheme and are not taxpayers. Under the scheme, pension of Rs 1,000, 2000, 3,000, 4,000 and 5,000 is available. Investment also depends on the amount of pension. You get more benefits if you join at an early age.
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