Atal Pension Yojana (APY)
To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement, Government of India (GOI) announced Atal Pension Yojana (APY) in the budget 2015-16. Under the scheme, guaranteed minimum pension is being given from the age of 60 years, depending on the contribution …