Atal Pension Yojana: Recently, the Unified Pension Scheme has been launched by the Central Government. About 23 lakh employees of the country can avail the benefits of this scheme. Along with this, a large number of people are taking advantage of the Atal Pension Scheme. Under this scheme, people working in the unorganized sector get the benefit of monthly pension. Let us tell you that at present the number of people taking advantage of the Atal Pension Scheme has increased to 5.6 crores. In such a situation, let us know about this scheme in detail.
Age Limit for Atal Pension Scheme
Let us tell you that the Atal Pension Scheme was started in the year 2015. The benefit of this scheme is directly available to those working in the unorganized sectors. Under this scheme, the holder has to invest a small amount. After this, the benefit of monthly pension will start at the time of retirement. Under the Atal Pension Scheme, the government gives money with guarantee. People from 18 years to 40 years can avail the benefits of this scheme. If you are paying income tax, then you cannot take advantage of this scheme.
How much pension will you get monthly
Let us tell you that in this scheme you can deposit money on monthly, quarterly, half-yearly basis. The subscriber has to invest under the scheme till the age of 60 years. After this, pension ranging from Rs 1 thousand to Rs 5 thousand starts being received every month. The pension amount is given on the basis of contribution in the scheme.
If you contribute Rs 42 at the age of 18, then after 60 years you start getting a pension of Rs 1 thousand every month. By contributing Rs 1,454 at the age of 40, you start getting a pension of Rs 5 thousand every month.
On the other hand, if a person invests Rs 210 monthly in the scheme at the age of 18, then after 60 years that person starts getting a pension of Rs 5 thousand monthly. If the subscriber dies due to any reason, then his wife or husband starts getting the benefit of pension. After this, the entire amount is given to the nominee.