Atal Pension Yojana : Everyone wants a government job, but those who are working in the private sector always worry that how will they manage their expenses after leaving the job or taking retirement? This is because no pension is available after retirement in private jobs.
To solve this problem of the people, Atal Pension Yojana (APY) has been started by the Central Government. This scheme has been started for the people working in the unorganized sector, so that they do not face problems of money or income in old age. Crores of people are taking advantage of this scheme and today we are going to tell you about this.
It was started in the year 2015
Atal Pension Yojana (APY) was started by the Central Government in the year 2015 but even today most of the people are not aware about it. That’s why people are not able to take advantage of it even if they want to. Modi government has started this scheme for people of low income group. Apart from this, pension fund regulator PFRDA has issued a circular regarding APY under which you can check eligibility for it.
If you also want to join this scheme and start investing, then you will have to deposit ₹ 7 every day i.e. ₹ 210 per month. After that, when you turn 60 years of age, you will start getting ₹ 5000 as pension every month.
benefits even after death
The specialty of Atal Pension Yojana (APY) is that while you are alive, you get the benefit of pension after the age of 60, but after your death, your family will not have to feel financial crisis. In this, after the death of the applicant, his wife can also join this scheme and avail its benefits.
But after 60 years, one can avail the benefit of pension. Not only this, the wife as a nominee can also claim a lump sum amount after the death of the subscriber. Apart from this, husband and wife can also open a joint account in it. This will give them double the benefit. In such a situation, they will be able to take pension of Rs 10,000 per month.