Pension Plan : A housewife takes care of children, home and family all her life without any salary. She is also financially dependent on her husband. Although a housewife never retires, but after age her body becomes incapable of doing much work.
In old age, they have to depend on their husband or children for their small needs. But women can avail the benefit of monthly pension after the age of 60 years. The National Pension System of the Government of India will help you in this.
About the plan
NPS is considered a better option for safe investment and guaranteed returns. Through the scheme, the wife can live a self-reliant life even in the absence of her husband. It also gives good returns. Women can transfer their accounts from one city to another. Not only this, the maturity amount and returns are tax free. Women between 18 years to 60 years of age can avail its benefits.
This is the calculation
The pension amount depends on investment. Under the scheme, if women start investing at the age of 25 years. And deposits Rs 15,000 every month. So by the age of 60, a fund of about Rs 1.12 crore is created, which also includes 10% annual return. At the time of maturity, you will get a lump sum pension of Rs 45 lakh and a pension of up to Rs 45 thousand every month.
(Disclaimer: The purpose of this article is to share general information only. rightsofempoyees does not advise investing in any scheme.)
