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Government of India pension schemes

Category - Senior Citizen Money and Taxes


Atal Pension Yojana APY -
Who - targeted towards people in unorganized sector and lower income group.
Contribution - The government contributes a sum of Rs.1,000 to each eligible NPS subscriber who contributes a minimum of Rs.1,000 and maximum Rs.12,000 per annum for a period of 5 years
Eligibility - between 18 years and the maximum is 40 years
Pension - all subscribing workers below the age of 40 are eligible for pension of up to ₹5,000 (US$70) per month on attainment of 60 years of age.

National Pension System


Pradhan Mantri Vaya Vandana Yojana - offered by LIC

Varishtha Pension Bima Yojana

Indira Gandhi National Old Age Pension Scheme



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