Question
What is the maximum contribution that can be made under
the Atal pension yojana? ÂSolution
- The flagship social security scheme of Government of India ‘Atal Pension Yojana’ (APY) was launched on 9th May 2015. It is a voluntary, periodic contribution - based pension system . Â
- Subscribers would receive the guaranteed minimum monthly pension of Rs. 1000 or Rs. 2000 or Rs. 3000 or Rs. 4000 or Rs. 5000 after the age of 60 years until death. Â
- Depending on the monthly pension, the age of entry and the contribution pattern (monthly, quarterly or half yearly), the contribution to APY can range from Rs.42 to Rs.7778 Â
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