Old Age Pension Yojana

Last Updated — 9th Oct, 2022

Old Age Pension Yojana: The government runs many types of schemes for all the sections living in the country. Farmers run separate schemes for brothers, for business class, and for old people. The benefits of which are directly passed on to the beneficiary. Similarly, the government has operated many schemes for the elderly, under which they can take advantage of old age. We will tell you about 4 such schemes under which old people can take advantage. Because in old age their ability to earn ends, they cannot earn for themselves. Therefore, through these four schemes, they can make a source of income in their old age.

Following are the four schemes that you can take advantage of.

Atal Pension Yojana

This scheme provides pensions to old age people.

This scheme was launched on 1st June 2015. Under this, the beneficiary starts getting a pension after the age of 60 years. To take advantage of this scheme, the beneficiary has to invest for 20 years. The age limit for joining is 18 to 40 years. The pensioner (1000 to 5000 rupees monthly) is provided on the basis of the amount invested in it. The benefit received under this comes directly into the beneficiary’s account.

Click here to know more about Atal Pension Yojana.

Old Age Pension Yojana Kisan Mandhan Yojana

Old Age Pension Yojana: This is also a pension scheme that was started on 31st May 2019. To take advantage of this scheme, the beneficiary has to apply. A beneficiary can apply between 18 to 40 years. The benefits of which are available after 60 years. Its benefit will be given to those farmers who have 2 hectares or less land. Under this, a pension of Rs 3,000 per month is given to the beneficiary. Under this, a total pension of Rs 36,000 is provided to the beneficiary. The government has set a target of connecting 5 crore small and marginal farmers in this scheme by 2022.

In Kisan Maandhan Yojana, 50 percent premium is given by the beneficiary and 50 percent by the government.

Pradhan Mantri Shramayogi Mandhan Yojana

Old Age Pension Yojana: This scheme run by the central government is also a pension scheme.

The government has also started this in 2019. This pension scheme is for the unorganized people. Those who do not have a single means of earning but have many means. This benefit will be given to those whose monthly income is less than 15000 rupees. To take advantage of this, the age of the beneficiary should be less than 40 years. For this also the beneficiary has to first pay the premium. It is also known as the PM-SYM scheme. Under this, the beneficiary is given 3000 rupees per month i.e. 36 thousand rupees per annum. 43.7 lakh people have been added under this scheme.

You can get more information about it by visiting the official site of PM Shramyogi Maandhan Yojana.

PM Ladyu Merchant Honorarium Scheme

  • Modi ji started this scheme in 2019 from the state of Jharkhand.
  • This scheme has been run to provide pension to small businessmen.
  • This scheme has been started to provide social security to small businessmen.
  • After the beneficiary attains the age of 60 years, they will be provided Rs 3000 per month.
  • Beneficiaries have to apply to take advantage of all these Old Age Pension Yojana. 

Old Age Pension Yojana Registration

To take advantage of the Old Age Pension Yojana, the beneficiary will have to register for all these schemes. To take advantage of all these schemes, you can register by visiting Common Service Center / CSC and take advantage of all these schemes. You will not need any special document to take advantage of all these. Apart from only an Aadhar card and bank passbook, no other documents are required.

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