ATAL PENSION YOJANA – BENEFITS AND FEATURES

Pension Fund Regulatory and Development Authority

First Floor, ICADR Building, Plot No 6, Institutional Area Phase II,

Vasant Kunj, New Delhi-110070

ATAL PENSION YOJANA – BENEFITS AND FEATURES

1. Anybody in the age group of 18-40 years can join !!

2. You can choose your pension plan from Rs 1,000/- to Rs 5,000/- per month.

3. Your contribution depends on your age and the pension plan you choose!

4. You can be a member of any existing PF/Pension scheme such as EPF/PPF/Govt. pension and still join APY!

5. You can be an Income tax payer and still join APY.

6. For (4) and (5) above, Govt. Co-contribution is not available but Govt. guarantee for pension will be available!

7. Govt. Co-contribution of 50% of subscribers’ contribution or Rs 1,000/- per annum, whichever is lower will be available for five years only to subscribers joining by 31st December 2015.

The monthly contribution chart for different age groups and pension amounts is given below:

Joining Age	Years of Contribution	Indicative Monthly Contribution under APY (Rs.)
		Monthly pension of Rs. 1000. Indicative return of corpus Rs 1.70 lacs	Monthly pension of Rs. 2000. Indicative return of corpus Rs3.40 lacs	Monthly pension of Rs. 3000. Indicative return of corpus Rs 5.10 lacs	Monthly pension of Rs. 4000. Indicative return of corpus Rs 6.80 lacs	Monthly pension of Rs. 5000. Indicative return of corpus Rs 8.50 lacs
18	42	42	84	126	168	210
19	41	46	92	138	183	228
20	40	50	100	150	198	248
21	39	54	108	162	215	269
22	38	59	117	177	234	292
23	37	64	127	192	254	318
24	36	70	139	208	277	346
25	35	76	151	226	301	376
26	34	82	164	246	327	409
27	33	90	178	268	356	446
28	32	97	194	292	388	485
29	31	106	212	318	423	529
30	30	116	231	347	462	577
31	29	126	252	379	504	630
32	28	138	276	414	551	689
33	27	151	302	453	602	752
34	26	165	330	495	659	824
35	25	181	362	543	722	902
36	24	198	396	594	792	990
37	23	218	436	654	870	1,087
38	22	240	480	720	957	1,196
39	21	264	528	792	1,054	1,318
40	20	291	582	873	1164	1454

SUBMIT YOUR APPLICATION FORM AT YOUR BANK BRANCH

For more information, Please call on our APY Toll free No. 1800110069

Source: PFRDA