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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. It was mentioned in the year 2015 Budget speech by the Finance Minister Arun Jaitley. [1]
Atal Pension Yojana (Atal Pension Scheme) CS MoF: 2015: Pension: Original form in 2010 as the Swavalamban Yojana. [72] A pension program that allows people to make voluntary contributions within a certain range with a matching government contribution to receive pension in the future. By September 2021, non-metros subscribers numbered 3,77,00 ...
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
Download as PDF; Printable version; ... Antyodaya Anna Yojana; Atal Beemit Vyakti Kalyan Yojana; Atal Bhujal Yojana; Atal Pension Yojana; B.
The Lakshmi Bai Pension Yojana [13] in Bihar covers all widows above 18 years of age whose annual family income is below ₹ 60,000 (US$690). Similarly, the Indira Gandhi National Disability Pension Scheme (IGNDPS) only covers individuals with more than 80% disability.
Download as PDF; Printable version; In other projects Wikidata item; Appearance. ... Atal Pension Yojana, an Indian pension scheme This page was last edited on 6 ...
Download as PDF; Printable version; ... Atal Bhujal Yojana; Atal Mission for Rejuvenation and Urban Transformation; Atal Pension Yojana; Atmanirbhar Bharat; B.
In the unified pension system, a civil servant contributes 10% of their salary while the government contributes 18% each month on their behalf. After retirement, the civil servant receives 50% of their basic pay of the average of the last 12 months preceding retirement. The pension is indexed to inflation and increases every years. [14]