Question
Download Solution PDFWhat is the age criteria for the subscribers of Atal Pension Yojana?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 18-40.
Key Points
- Atal Pension Yojana:-
- It is a government-backed pension scheme targeted at unorganized sector workers.
- It was launched in 2015 to provide a defined pension to all eligible subscribers.
- The pension amount depends on the age of the subscriber at the time of joining the scheme, the contribution amount, and the tenure of the contribution.
- The minimum age of entry is 18 years and the maximum age is 40 years.
- The subscriber has to make regular contributions till the age of 60 years to receive the pension benefits.
- The amount of contribution depends on the age of entry and the pension amount chosen by the subscriber.
- Under the APY, a guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000 or 5,000/- per month will be given at 60 years depending on the subscribers' contributions.
- APY replaced the Swavalamban Yojana.
Last updated on Jun 25, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
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