Making small contributions to social security schemes like the government’s Atal Pension Yojana (APY) can help any person get a stable income after working for a long time. A pensioner can earn up to ₹ 5,000 per month by subscribing to Atal Pension Yojana (APY).

Who can be included in the scheme?

Any citizen whose age is between 18 to 40 years can join APY. All people need to do is have a KYC-compliant savings bank account or post office savings bank account.

Apart from this, you should also know that from October 2022, the government has made income taxpayers ineligible for the Atal Pension Scheme. This means that if you pay income tax then you cannot join this scheme.

How much contribution will have to be given?

Under Atal Pension Yojana, people start receiving a guaranteed monthly pension of ₹ 1,000, ₹ 2,000, ₹ 3,000, ₹ 4,000 or ₹ 5,000 from the age of 60. The pension amount depends on the contribution made and the year of joining the scheme.

The central government also contributes 50% of the subscriber’s contribution to the scheme or ₹ 1,000, whichever is lower, for five years. It should be noted that government co-contribution is not available to income taxpayers and those covered under any statutory social security scheme. You can contribute to the scheme on monthly, 3 month or 6 month basis.

How to get Rs 5000 pension

If you join APY at the age of 18, you will have to contribute ₹ 42 every month to get a guaranteed pension of ₹ 1,000 and ₹ 210 every month to get a guaranteed pension of ₹ 5,000. .

To get a pension of ₹ 5,000 per month after the age of 60, a person will have to contribute ₹ 626 on a quarterly basis or ₹ 1,239 on a 6-month basis after joining the scheme since the age of 18. In this case the return pension amount of the nominee will be ₹ 8.5 lakh.

If the subscriber chooses to join the scheme at the age of 39 years, he will have to deposit ₹ 1,318 monthly, ₹ 3,928 for three months or ₹ 7,778 for six months to get ₹ 5,000 monthly pension.

The post Super Pension Plan! Now in old age, you will get a pension of Rs 5000 while sitting at home. first appeared on Rightsofemployees.com.

Updates regarding pension have been issued from time to time by the government. EPFO has now told that the Supreme Court’s decision on higher provident fund pension has come. According to this decision, a plan is being made to give more pension to the retired employees.

Provision started by the government

Let us tell you that according to the decision of the Supreme Court, retired employees will have to apply to get higher pension. For this, a provision has been started by the government. Along with this, all the employees whose applications were rejected earlier. The application forms of all of them will be available through the portal link.

Can apply for pension According to government information, those who have retired before September 1, 20214. He can apply for pension. These people have time till March 3 to submit their applications.

EPFO took the decision On 29 December 2022, EPFO ​​published its inaugural order to implement the High Court’s decision, which has been provided on 4 November 2022. EPFO has told that all the applicants whose petition was rejected earlier had the option of getting more pension.

You may inform that in compliance of the direction contained in Para 44 (ix) of the judgment (in case of retirement before 01.09.2014), an online facility for filing application for verification of option has been introduced in the portal. The Unified Portal is available on the Member Interface. Means the employee can apply by clicking on the option.

The post Super Pension Plan: Good News for Employees! Now you will get more pension, apply before March 3, know Details first appeared on Rightsofemployees.com.

If you are a senior citizen, then today we have brought such a government scheme for you, from which you will get a hefty pension immediately. In this your principal money remains safe and returns are also available at regular intervals.

The best part is that under this government scheme, both husband and wife together after the age of 60 can avail the guaranteed benefit of pension of Rs 18500 every month. Thek best part is that after 10 years your entire investment will also be returned. Only a few months are left for senior citizens to invest in Pradhan Mantri Vaya Vandana Yojana (PMVVY). SIC operates this scheme.

In the PMVVY scheme, the government provides a subsidized pension scheme for senior citizens aged 60 years and above. Under this scheme, immediate monthly, quarterly, half-yearly or annual pension facility is given to senior citizens. Investors have to pay a lump sum of Rs 15 lakh to take advantage of this scheme.

Deadline is March 31, 2023

Any person who has attained the age of 60 years can invest in this scheme till March 31, 2023. With only a few months left for the PMVVY sale to end, let’s take a look at how much benefits, eligibility and how much pension senior citizens can get by subscribing to this scheme.

Eligibility for PMVVY

According to the LIC website, senior citizens of India aged 60 years (completed) and above can invest in the PMVVY scheme. There is no upper age limit to buy this plan.

PMVVY Scheme Term and Pension Payment

The duration of this scheme for senior citizens is 10 years. Pension payment under PMVVY can be made on monthly, quarterly, half yearly or yearly basis depending upon the mode chosen by the buyer. The first installment of pension under PMVVY starts after 1 year, 6 months, 3 months or 1 month from the date of purchase of the scheme. For example, if you have opted for monthly mode of pension payment and if you buy the plan now then your pension will start after 1 month.

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

Interest Rate on PMVVY

“For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly. This assured rate of pension shall be payable for the full policy term of 10 years for all the policies purchased till 31st March, 2023.”

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

The post Senior Citizen Super Pension Plan! Government has brought a new scheme for senior citizens, will get Rs 18500 pension every month first appeared on Rightsofemployees.com.

If you are a senior citizen, then today we have brought such a government scheme for you, from which you will get a hefty pension immediately. In this your principal money remains safe and returns are also available at regular intervals.

The best part is that under this government scheme, both husband and wife together after the age of 60 can avail the guaranteed benefit of pension of Rs 18500 every month. Thek best part is that after 10 years your entire investment will also be returned. Only a few months are left for senior citizens to invest in Pradhan Mantri Vaya Vandana Yojana (PMVVY). SIC operates this scheme.

In the PMVVY scheme, the government provides a subsidized pension scheme for senior citizens aged 60 years and above. Under this scheme, immediate monthly, quarterly, half-yearly or annual pension facility is given to senior citizens. Investors have to pay a lump sum of Rs 15 lakh to take advantage of this scheme.

Deadline is March 31, 2023

Any person who has attained the age of 60 years can invest in this scheme till March 31, 2023. With only a few months left for the PMVVY sale to end, let’s take a look at how much benefits, eligibility and how much pension senior citizens can get by subscribing to this scheme.

Eligibility for PMVVY

According to the LIC website, senior citizens of India aged 60 years (completed) and above can invest in the PMVVY scheme. There is no upper age limit to buy this plan.

PMVVY Scheme Term and Pension Payment

The duration of this scheme for senior citizens is 10 years. Pension payment under PMVVY can be made on monthly, quarterly, half yearly or yearly basis depending upon the mode chosen by the buyer. The first installment of pension under PMVVY starts after 1 year, 6 months, 3 months or 1 month from the date of purchase of the scheme. For example, if you have opted for monthly mode of pension payment and if you buy the plan now then your pension will start after 1 month.

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

Interest Rate on PMVVY

“For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly. This assured rate of pension shall be payable for the full policy term of 10 years for all the policies purchased till 31st March, 2023.”

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

The post Super Pension Plan for Senior Citizen! Government has brought a new scheme for senior citizens, will get Rs 18500 pension every month first appeared on Rightsofemployees.com.

If you are a senior citizen, then today we have brought such a government scheme for you, from which you will get a hefty pension immediately. In this your principal money remains safe and returns are also available at regular intervals.

The best part is that under this government scheme, both husband and wife together after the age of 60 can avail the guaranteed benefit of pension of Rs 18500 every month. Thek best part is that after 10 years your entire investment will also be returned. Only a few months are left for senior citizens to invest in Pradhan Mantri Vaya Vandana Yojana (PMVVY). SIC operates this scheme.

In the PMVVY scheme, the government provides a subsidized pension scheme for senior citizens aged 60 years and above. Under this scheme, immediate monthly, quarterly, half-yearly or annual pension facility is given to senior citizens. Investors have to pay a lump sum of Rs 15 lakh to take advantage of this scheme.

Deadline is March 31, 2023

Any person who has attained the age of 60 years can invest in this scheme till March 31, 2023. With only a few months left for the PMVVY sale to end, let’s take a look at how much benefits, eligibility and how much pension senior citizens can get by subscribing to this scheme.

Eligibility for PMVVY

According to the LIC website, senior citizens of India aged 60 years (completed) and above can invest in the PMVVY scheme. There is no upper age limit to buy this plan.

PMVVY Scheme Term and Pension Payment

The duration of this scheme for senior citizens is 10 years. Pension payment under PMVVY can be made on monthly, quarterly, half yearly or yearly basis depending upon the mode chosen by the buyer. The first installment of pension under PMVVY starts after 1 year, 6 months, 3 months or 1 month from the date of purchase of the scheme. For example, if you have opted for monthly mode of pension payment and if you buy the plan now then your pension will start after 1 month.

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

Interest Rate on PMVVY

“For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly. This assured rate of pension shall be payable for the full policy term of 10 years for all the policies purchased till 31st March, 2023.”

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

The post Senior Citizen Super Pension Plan! Government has brought a new scheme for senior citizens, will get Rs 18500 pension every month first appeared on Rightsofemployees.com.

If you are a senior citizen, then today we have brought such a government scheme for you, from which you will get a hefty pension immediately. In this your principal money remains safe and returns are also available at regular intervals.

The best part is that under this government scheme, both husband and wife together after the age of 60 can avail the guaranteed benefit of pension of Rs 18500 every month. Thek best part is that after 10 years your entire investment will also be returned. Only a few months are left for senior citizens to invest in Pradhan Mantri Vaya Vandana Yojana (PMVVY). SIC operates this scheme.

In the PMVVY scheme, the government provides a subsidized pension scheme for senior citizens aged 60 years and above. Under this scheme, immediate monthly, quarterly, half-yearly or annual pension facility is given to senior citizens. Investors have to pay a lump sum of Rs 15 lakh to take advantage of this scheme.

Deadline is March 31, 2023

Any person who has attained the age of 60 years can invest in this scheme till March 31, 2023. With only a few months left for the PMVVY sale to end, let’s take a look at how much benefits, eligibility and how much pension senior citizens can get by subscribing to this scheme.

Eligibility for PMVVY

According to the LIC website, senior citizens of India aged 60 years (completed) and above can invest in the PMVVY scheme. There is no upper age limit to buy this plan.

PMVVY Scheme Term and Pension Payment

The duration of this scheme for senior citizens is 10 years. Pension payment under PMVVY can be made on monthly, quarterly, half yearly or yearly basis depending upon the mode chosen by the buyer. The first installment of pension under PMVVY starts after 1 year, 6 months, 3 months or 1 month from the date of purchase of the scheme. For example, if you have opted for monthly mode of pension payment and if you buy the plan now then your pension will start after 1 month.

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

Interest Rate on PMVVY

“For Financial Year 2022-23, the Scheme shall provide an assured pension of 7.40% p.a. payable monthly. This assured rate of pension shall be payable for the full policy term of 10 years for all the policies purchased till 31st March, 2023.”

PMVVY Pension Purchase Price

The minimum pension allowed under investment in PMVVY is Rs 1000 per month while the maximum pension is Rs 9250 per month. The minimum purchase price available under the scheme is Rs 1,62,162 for monthly pension, Rs 1,61,074 for quarterly pension, Rs 1,59,574 for half yearly pension and Rs 1,56,658 for annual pension. The maximum purchase price available under the scheme is Rs 15 lakh for monthly pension, Rs 14,89,933 for quarterly pension, Rs 14,76,064 for half yearly pension and Rs 14,49,086 for annual pension.

The post Senior Citizen Super Pension Plan! Government has brought a new scheme for senior citizens, will get Rs 18500 pension every month first appeared on Rightsofemployees.com.

Pradhan Mantri Shram Yogi Maandhan Yojana is a great scheme for the workers of the unorganized sector. The Modi government has started the Pradhan Mantri Shramyogi Maan Dhan Yojana. Under this, a pension of up to 36 thousand can be received by depositing 2 rupees daily.

Every person should save in his life for future. A man cannot add huge sums of money together. But, with small savings, you can accumulate a lot of money. Many engage in jugaad for premature aging. Deposit some money every month so that old age passes comfortably. Today we are telling you about such a scheme by which you invest Rs 2 per day and you will get a pension of Rs 36,000.

Anyone can invest in this scheme. The government has brought this scheme for the street laborers working in the unorganized sector. By depositing just Rs 2 in the Prime Minister Shram Yogi Maan Dhan Yojana, the workers can get a pension of up to 36 thousand.

Only 55 rupees will be deposited every month, you will have to deposit 55 rupees every month in the Pradhan Mantri Shramyogi Maan Dhan Yojana. If by the age of 18 years you can get a pension of Rs 36,000 annually by saving around Rs 2 per day.

Suppose a person starts this scheme from the age of 40, then every month he will have to deposit 200 rupees. You will start getting pension after 60 years of age. You will get a pension of Rs 3000 per month i.e. Rs 36,000 per year.

Required Documents

Those taking advantage of this pension scheme of the government should have a savings bank account. Apart from bank account, Aadhar card is also necessary. For the benefit of Pradhan Mantri Shramyogi Maan Dhan Yojana, the age of the person should be at least 18 years and maximum should be 40 years.

• Your Aadhar card
• Passbook of Savings or Jan Dhan bank account
• obile number
• onsent letter will have to be given which will also have to be given in the bank branch where the worker will have a bank account.

How to register

• For this scheme, registration has to be done in Common Service Center (CSC).
• For this, workers can register themselves on the portal in the CSC center.
• The central government has made a web portal for this scheme.
• Through these centers, all the information online will reach the Government of India.

The post Super Pension Plan: Good news! Invest Rs 2 in this scheme, you will get 36,000 pension, know how first appeared on Rightsofemployees.com.