{"id":343583,"date":"2025-07-28T11:01:29","date_gmt":"2025-07-28T05:31:29","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=343583"},"modified":"2025-07-28T11:01:29","modified_gmt":"2025-07-28T05:31:29","slug":"atal-pension-yojana-apy","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/atal-pension-yojana-apy\/","title":{"rendered":"Atal Pension Yojana (APY)"},"content":{"rendered":"<p><strong>News<\/strong>&#8211; Atal Pension Yojana (APY) has reached a major milestone with total gross enrollments crossing 8 crore.<\/p>\n<h2>About Atal Pension Yojana (APY)<\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Purpose<\/b><span style=\"font-weight: 400;\">: Provides pension coverage for workers in the unorganised sector.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Nodal Ministry<\/b><span style=\"font-weight: 400;\">: Ministry of Finance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Launched in<\/b><span style=\"font-weight: 400;\">: 2015<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Type<\/b><span style=\"font-weight: 400;\">: Central Sector Scheme<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Implementing agency<\/b><span style=\"font-weight: 400;\">: Pension Fund Regulatory and Development Authority (PFRDA) under the National Pension System (NPS).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eligibility<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Individuals aged 18\u201340 years<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Must hold a bank account<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Must not be income tax payers<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Benefits<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Guaranteed monthly pension of Rs. 1,000 to Rs. 5,000<\/b><span style=\"font-weight: 400;\"> after the age of 60<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">In case of the <\/span><b>subscriber\u2019s death,<\/b><span style=\"font-weight: 400;\"> the <\/span><b>spouse continues to receive the pension<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">After both spouse and subscriber pass away, the accumulated corpus is paid to the nominee<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">In case of premature death, the spouse can choose to continue contributions until the subscriber would have turned 60<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Payment Frequency<\/b><span style=\"font-weight: 400;\">: Monthly \/ Quarterly \/ Half-yearly<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News&#8211; Atal Pension Yojana (APY) has reached a major milestone with total gross enrollments crossing 8 crore. About Atal Pension Yojana (APY) Purpose: Provides pension coverage for workers in the unorganised sector. Nodal Ministry: Ministry of Finance Launched in: 2015 Type: Central Sector Scheme Implementing agency: Pension Fund Regulatory and Development Authority (PFRDA) under the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/atal-pension-yojana-apy\/\">Continue reading <span class=\"screen-reader-text\">Atal Pension Yojana (APY)<\/span><\/a><\/p>\n","protected":false},"author":10367,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,956,12039],"tags":[11872],"class_list":["post-343583","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-schemes-and-programs","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/343583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10367"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=343583"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/343583\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=343583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=343583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=343583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}