Posts
The Narendra Modi government's key social security scheme, Atal Pension Yojana (APY), will replace the previous government's Swavalamban Yojana NPS Lite, which did not find much acceptance among people.
The scheme will be launched on June 1 and focus on the unorganised sector. All subscribing workers below the age of 40 would be eligible for pension of up to Rs 5,000 per month on attainment of 60 years of age, Department of Financial Services Secretary Hasmukh Adhia told PTI in an interview
It will be a simple product open to all bank account holders, who are not members of any statutory social security scheme.
"To make the pension scheme more attractive, it has been decided that the government would co-contribute 50 per cent of a subscriber's contribution or Rs 1,000 per annum, whichever is lower to each eligible subscriber account for a period of 5 years from 2015-16 to 2019-20," he said.
The existing scheme was not getting adequate response and therefore a need was felt to revamp the scheme and make it more attractive, simple with guaranteed returns, he added.
Adhia said: "The new pension scheme with better features would replace the existing pension scheme (Swavalamban Yojana NPS Lite) which is targeted at workers of the unorganised sector".
The benefit of government's co-contribution can be availed by those who subscribe to the scheme before December 31, 2015.
Existing subscribers of Swavalamban Scheme would be automatically migrated to Atal Pension Yojana, unless they opt out, Adhia said.
Under the scheme, the subscriber would receive the fixed pension of in the range Rs 1,000-Rs 5,000 per month on attainment of 60 years, depending on contribution which would vary at the age of joining, he said.
The minimum age of joining the scheme is 18 years and maximum age is 40 years, he said. The minimum period of contribution by the subscriber under the scheme would be 20 years.
http://www.tribuneindia.com/news/nation/atal-pension-yojana-to-replace-swavalamban-yojana-from-june-1/50088.html
The scheme will be launched on June 1 and focus on the unorganised sector. All subscribing workers below the age of 40 would be eligible for pension of up to Rs 5,000 per month on attainment of 60 years of age, Department of Financial Services Secretary Hasmukh Adhia told PTI in an interview
It will be a simple product open to all bank account holders, who are not members of any statutory social security scheme.
"To make the pension scheme more attractive, it has been decided that the government would co-contribute 50 per cent of a subscriber's contribution or Rs 1,000 per annum, whichever is lower to each eligible subscriber account for a period of 5 years from 2015-16 to 2019-20," he said.
The existing scheme was not getting adequate response and therefore a need was felt to revamp the scheme and make it more attractive, simple with guaranteed returns, he added.
Adhia said: "The new pension scheme with better features would replace the existing pension scheme (Swavalamban Yojana NPS Lite) which is targeted at workers of the unorganised sector".
The benefit of government's co-contribution can be availed by those who subscribe to the scheme before December 31, 2015.
Existing subscribers of Swavalamban Scheme would be automatically migrated to Atal Pension Yojana, unless they opt out, Adhia said.
Under the scheme, the subscriber would receive the fixed pension of in the range Rs 1,000-Rs 5,000 per month on attainment of 60 years, depending on contribution which would vary at the age of joining, he said.
The minimum age of joining the scheme is 18 years and maximum age is 40 years, he said. The minimum period of contribution by the subscriber under the scheme would be 20 years.
http://www.tribuneindia.com/news/nation/atal-pension-yojana-to-replace-swavalamban-yojana-from-june-1/50088.html
PRAN card is "Permanent Retirement Account Number " government add is rs 1000/- whatever amount you deposit from 1000/- to 12000/-. If all are interested to get a PRAN card with fabulous offers plz contact-09735324848 Thank you.
ReplyDeleteWhat r the docs reqrd. How to apply. Pl elaborate
DeletePRAN card is "Permanent Retirement Account Number " government add is rs 1000/- whatever amount you deposit from 1000/- to 12000/-. If all are interested to get a PRAN card with fabulous offers Contact Anand 9921686650.
ReplyDeleteHow Long Govt will provide ANUDAAN of Rs. 1000/-
Deletekya aap Atal Pension Yojana Hindi> main bata sakte hai?
ReplyDeleteAgar hamari death ho jati hai to kya ye paisa hamare dependents Ko milehs
ReplyDeleteHa Renu ji ye paisa aapke dependent ko milega.
Delete40 வயதை 45 ஆக மாற்றினால் இன்னும் பல கோடி மக்கள் பயனடைவர்
ReplyDeleteஎன்பது எனது வேண்டுகோள்
After acknowledgement receipt of apy and PRAN number how I check my account statement.
ReplyDeleteAfter acknowledgement receipt of apy and PRAN number how I check my account statement.
ReplyDeleteI was looking for form name several days ago and discovered a great service that hosts a searchable database . If others are interested in a form also , here's a http://www.pdffiller.com/
ReplyDelete