March 26, 2023

What is Atal Pension Yojana

On June 1, 2015, the government implemented APY to offer social security to workers, mostly in the unorganised sector. After turning 60, program participants receive a guaranteed minimum pension ranging from Rs 1,000 to Rs 5,000 per month, based on their contributions. The plan also allows a subscriber to adjust their pension amount once a year while it is still in the accumulation period.

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