The Atal Pension Yojana (APY) scheme, got launched on May 9, 2015, by PM Narendra Modi at Kolkata. The aim of the scheme is to addresses the old age income security of the working poor and is focused on encouraging and enabling them to join the National Pension System (NPS).
PM Narendra Modi, along with Atal Pension Yojana Scheme (APY), he will launch two insurance schemes – Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana.
To address the longevity risks among the workers in unorganised sector and to encourage the workers in unorganised sector to voluntarily save for their retirement, who constitute 88% of the total labour force of 47.29 crore as per the 66th Round of NSSO Survey of 2011-12, but do not have any formal pension provision, the Government had started the Swavalamban Scheme in 2010-11. However, coverage under Swavalamban Scheme is inadequate mainly due to lack of guaranteed pension benefits at the age of 60.
The Government announced the introduction of universal social security schemes in the Insurance and Pension sectors for all Indians, specially the poor and the under-privileged, in the Budget for the year 2015-16. Therefore, it has been announced that the Government will launch the Atal Pension Yojana Scheme (APY), which will provide a defined pension, depending on the contribution, and its period. The APY will be focussed on all citizens in the unorganised sector, who join the National Pension System (NPS) administered by the Pension Fund Regulatory and Development Authority (PFRDA).
Under the APY, the subscribers would receive the fixed minimum pension of Rs. 1000 per month, Rs. 2000 per month, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which itself would be based on the age of joining the APY. The minimum age of joining APY is 18 years and maximum age is 40 years. Therefore, minimum period of contribution by any subscriber under APY would be 20 years or more. The benefit of fixed minimum pension would be guaranteed by the Government. The APY would be introduced from 1st June 2015.
i am join atal pension yojna dec 2015 still i am not received hard copy of account information so please tell me about when & where received this hard copy my name is dipak shankar botre account open in central bank of india in ahmednagar district in maharashtra
Dear sir,
I am currently working in Dubai. Am i eligible to apply for Atal Pension Yojana.
Where we can contact to know the detail deposited amount in Apy Account
Dear Team,
I have registered with HDFC bank for Atal Pension Yojana around 3 months back. And I got a receipt with PRAN number : 500156952849 from HDFC bank at the time of registration. However no money has been deducted till now. I am not sure when they will be deducting money. And can I see the status of my PRAN online? Can I get physical PRAN card?
Please help me on this. Thanks in advance…
Thanks,
Venkatesh
how to get the apy statement detail.?
How to checked total balance till now.
SIR, I JOINED IN THE ATALPENSION SCHEME FROM ANDHRA BANK, SRIDEVI COMPLEX BRANCH, TILAK ROAD, TIRUPATHI, CHITTOOR DIST. I PAID THE TWO INSTE]ALMEWNTS OF MONTHLY PAYMENT. AFTER THAT I DIDNOT PAID THE INSTALMENTS REGULARLY TILL DATE. CAN I PAY THE DUES AT LUMPSUM AMOUNT AND REGULARISE THE SAME. KINDLY CONFIRM TO REPAYTHE SAME.
last year i join Atal pension yojna from SBI , but till even after 1 year i have not get any document of this , i inquired about this in bank told that you will get it by bost, but till after 1 year i wont have any document .
from where i get this documents & to whom i should contact?