Special Monthly Pension Scheme: All senior citizens will get monthly pension up to ₹ 10,0000, know full details

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The Central Government keeps on launching several schemes from time to time for the economic stability of its citizens. Similarly, the government provides several pension schemes for the financial security of the senior citizens of the country.

The Central Government keeps on launching several schemes from time to time for the economic stability of its citizens. In this series, the government provides many pension schemes for the financial security of the senior citizens of the country. Retired senior citizen customers also get the benefit of this scheme. Today i.e. on 21 August ‘World Senior Citizen Day’ is being celebrated. Let us know in detail about some special pension schemes of the Central Government on this occasion.

National Social Assistance Program

Under the Central Government’s National Social Assistance Program scheme, financial assistance ranging from Rs 200 to Rs 500 per month is provided to senior citizens and disabled persons who fall below the poverty line. Apart from this, on the death of a person, a lump sum assistance of Rs 20,000 is given to the family under this scheme.

Indira Gandhi National Old Age Pension Scheme

Under this Central Government sponsored scheme, a monthly pension of Rs 200 is given to BPL category senior citizen customers in the age group of 7 years to 79 years. While on completion of 80 years, the pension increases to Rs 500 per month.

Atal Pension Yojana

The Government of India launched this scheme in the year 2015 for the financial security of all Indians, especially the poor and the underprivileged. Under this scheme, any person from 18 years to 40 years can deposit his money. On completion of 60 years, people get Rs 1,000 to Rs 5,000 as pension.

national pension system

Under the National Pension Scheme, any Indian citizen can deposit money from the age of 18 years to 70 years. On completion of 60 years of age, the person gets the facility of lump sum cash and monthly pension. Under this scheme, there is a facility of monthly pension up to Rs 10,000.

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