Atal pension yojana is a pension scheme for
Answers
Answer:
Explanation:
Atal Pension Yojana was launched on 9th May, 2015 which is intended to enhance old age income security of the working poor. It has become operational from 1st June, 2015.
It is administered by the Pension Fund Regulatory and Development Authority (PFRDA).
The minimum age of joining try scheme is 18 years and maximum age is 40 years.
The subscribers would receive the fixed pension, as guaranteed by the Union Government, of 1000,3000,4000 and 5000 rupees per month, at the age of 60 years, depending on their contributions, which itself would vary on the age of joining the scheme.
The Pension would also be available to the spouse on the death of the subscribers and thereafter, the pension corpus would be returned to the nominee.