Atal Pension 2022: To date, 65 lakh subscribers have been added during the current financial year under the government’s flagship program Atal Pension Yojana. With this, the number of subscribers associated with the APY pension system has reached SEK 3.68 in six and a half years. The Ministry of Finance provided this information on Wednesday. APY was launched on May 9, 2015. Its goal is to provide fixed income in old age to people, mainly in the disorganized sector.
Atal Pension 2022
This is the highest number of subscribers during the same period in any financial year since the launch of Atal Pension Yojana. According to this schedule, the ratio between men and women improved to 56:44. The assets managed under this APY pension scheme have reached Rs 20,000. The ministry said in a statement, “In six and a half years, 3.68 million subscribers have joined Atal Pension Yojana. To date, 65 lakh customers have been added during the current financial year.
The goal is to add one million subscribers
Supratim Bandopadhyay, Chairman of the Pension Fund Regulatory and Development Authority, said: “Our goal for the current financial year is to connect one million subscribers with this Atal Pension Yojana. We will continuously take proactive initiatives to achieve this. ” APY Pension Scheme is operated by PFRDA.
All citizens of the country from the age of 18 to 40 can join this Atal Pension Yojana. According to this, a provision has been made to increase the monthly minimum pension from Rs 1,000 to Rs 5,000 at age 60. Upon the subscriber’s death, the pension will be given to his wife (or spouse). In the event of the death of both, the manager receives the entire pension fund.
Husband and wife can both get 10 thousand
Regardless of whether you have registered or not in the state pension system Atal Pension Yojana, which provides more than Rs 10,000 in pension to the Modi government’s husband and wife. If it has not been done, do it soon. During the financial year 2021-22, 65 lakh people secured their future by joining Atal Pension Yojana. Following the introduction of the APY Pension Scheme, the enrollment of so many people during this period of a financial year is the best ever.
3.68 million people joined the Atal Pension 2022 system
Atal Pension Yojana was launched by the Modi government in 2015 and in six and a half years, 3.68 million people have signed up for Atal Pension Yojana. The biggest feature of enrolling in the APY Pension Scheme is that the membership ratio between men and women is 56:44. And it shows constant improvement. Under Atal Pension Yojana, assets worth Rs 20,000 are managed.
Atal Pension Yojana is an ambitious system from the Modi government that was launched on May 9, 2015 to provide the opportunity for secure income in old age. Supratim Bandopadhyay, Chairman of the Pension Fund Regulatory and Development Authority, PFRDA, has said that during this fiscal year, the goal is to connect one million people with this APY pension system. And in the coming time, the work of giving pensions to all will be done and continuous efforts will be made in this direction.
what are the rules of application
Let’s tell you that people in the age group 18 to 40 can subscribe under Atal Pension Yojana. The applicant must have a bank account. In this system, there is a minimum pension of 1,000 to 5,000 Rs after the age of 60. If the subscriber of the APY pension system dies, the spouse will continue to receive the pension for life. And if both die, the entire pension money will be given to the trustee. It’s easy to take advantage of Atal Pension Yojana!
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