4 pension plans of the government, will support in old age
First of all, we would advise you to start investing for early retirement too. By investing early, you can make the required investment in equity, which can yield higher returns. Early investment also increased the impact of compounding. On the other hand, tell that if you have not taken any pension plan to secure your retirement, then 4 pension plans of the government can become your partner. These include Atal Pension Yojana, Shram Yogi Yojana Scheme, Kisan Nidhi Yojana, Pradhan Mantri Vyapar Yojana Scheme.
PM Kisan Mann Dhan Yojna
The central government is running many schemes in the interest of farmers. In this, there is a PM Kisan Maandhan Yojana, under which there is a provision of pension after the age of 60 years. Any farmer from the age of 18 to 40 years can participate in this scheme, who will get a monthly pension of Rs 3000 or Rs 36000 annually after the age of 60 if they contribute monthly by age. The contribution for this is monthly from Rs 55 to Rs 200. So far, 2112941 farmers have been connected to this scheme. Know how to take advantage of this scheme. This pension fund is being managed by the Life Insurance Corporation of India (LIC).
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Farmers with small holdings in the age group of 18 to 40 years can take part in the Kisan Pension Scheme, which has cultivated land for up to 2 hectares. They will have to contribute at least 20 years and maximum 40 years, from Rs 55 to Rs 200, depending on their age. If you join at the age of 18, then the monthly contribution will be Rs 55 or Rs 660 annually. At the same time, if you join at the age of 40, then you have to contribute 200 rupees a month or 2400 rupees annually.
Atal Pension Yojana
After retiring from investing in the Atal Pension Yojana, you can be entitled to a pension every month. The biggest feature of the Atal Pension Yojana is that there is a provision to continue to benefit your family if you die prematurely. In case of death of a person investing in the Atal Pension Yojana, his wife and wife also die There is a provision for getting pension to children. To avail Atal Pension, your loop is necessary to have a bank account. People are divided into 6 parts for the Atal Pension Scheme. To take advantage of the Atal Pension Yojana, you must be between 18 and 40 years old. To get pension under the Atal scheme, you have to invest for at least 20 years. The amount of pension in the Atal Scheme depends on the investment you have made and your age. Under the Atal Pension Yojana, a minimum monthly pension of Rs 1,000 and a maximum of Rs 5,000 can be got. You will start getting pension from the age of 60.
PM Small Business Man Dhan Yojana
The scheme was launched on the lines of Pradhan Mantri Kisan Man Dhan Yojana for farmers and PM Shramyogi Mann Dhan Yojana for workers. Like the other two schemes, it has the option of joining for people between the ages of 18 to 40 years. According to the scheme, after depositing a minimum of Rs 55 per month and a maximum of Rs 200 per month, after the age of 60, small traders will get a pension of Rs 3,000. This scheme can be availed by those whose annual turnover is less than Rs 1.5 crore. Small entrepreneurs associated with EPFO, ESIC and NPS or availing PM Shramyogi Maandhan Yojana cannot avail the scheme.
PM Shram Yogi Maandhan Yojana
For the workers in the unorganized sector, the Central Government has launched the Pradhan Mantri Shram Yogi Maandhan Yojana. Home-grown meds, drivers, plumbers, cobblers, tailors, rickshaw drivers, washermen and agricultural laborers can take advantage of this. Under this, such people will get a minimum pension of 3 thousand rupees every month after completing 60 years of age. Also, if the beneficiary dies while getting the pension, then 50 percent of his pension will be given as pension to his spouse. Contribution will have to be done according to age. The younger the member, the lower his / her contractions will be. If someone will join the scheme at the age of 18, then they have to deposit 55 rupees per month. Similarly, the age of 29 years will have to pay 100 rupees and 40 years old 200 rupees. This is the maximum contribution. This amount will have to be deposited till the age of 60 years. The amount of premium will be deposited, the same amount will be deposited by the government in the name of the member.
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