If you are a married couple, then 2 different accounts can be opened under APY. The condition is that neither of the couple should have any other pension scheme.
Atal Pension Scheme: If your age is less than 40 years, then you can take advantage of the government pension scheme Atal Pension Yojana (APY). In this scheme both husband wife can apply. At the same time, after the age of 60, both will be entitled to a maximum monthly pension of Rs 5000. That is, if you are a married couple and also a subscriber to the scheme, then you can arrange for a pension of 10 thousand rupees every month. Any Indian citizen in the age group of 18 years to 40 years can participate in Atal Pension Yojana. At least 20 years of monthly contribution is necessary in this scheme. How much to contribute every month will depend on your age.
More than 4 crore people joined the scheme
Atal Pension Yojana (APY) has become popular in the country. By the financial year 2022, more than 4 crore people have joined this scheme. Of these, 99 lakh are connected only in the financial year 2022. According to the Pension Fund Regulatory and Development Authority (PFRDA), there were 4.01 crore subscribers of the pension scheme by the end of FY 2022. Of this, 44 percent are women. According to statistics, about 45 percent of APY subscribers are in the age group of 18-25 years.
There are 5 different slabs of pension
At present there are 5 slabs of pension. In which there are 1000 rupees monthly, 2000 rupees monthly, 3000 rupees monthly, 4000 rupees monthly and 5000 rupees monthly. As indicated by the government, in the coming days these slabs can be of 2000, 4000, 6000, 8000 and 10 thousand monthly.
How 10 thousand rupees will come home every month
If you are a married couple, then 2 accounts can be opened under the scheme. The condition is that neither of the couple should have any other pension scheme. After the maturity of the scheme through different accounts, a maximum of 10 thousand pension can be received by the married couple. However, they will have to make monthly contribution according to their age slab. On the death of the subscriber, the pension amount is given to the nominee.
According to the rules, any Indian citizen of minimum 18 years can join the scheme. At the age of 18, he has to contribute Rs 210 every month for the maximum pension limit 5000 months. 376 per month on joining at the age of 25, while this contribution is Rs 577 for 30 years old, Rs 902 for 35 years old and Rs 1318 for 39 years old. If both husband and wife accounts are to be opened, then they will have to separate this contribution separately.
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