Question
What is the Atal Pension Yojana and how much pension does it give?
Answer
Bottom line: APY gives a guaranteed pension of ₹1,000 to ₹5,000 a month from age 60, based on your contribution and joining age.
1. Pension slabs
₹1,000, ₹2,000, ₹3,000, ₹4,000 or ₹5,000 a month.
2. Eligibility
Ages 18 to 40; income-tax payers cannot join (rule from October 2022).
3. On death
The spouse continues the same pension.
Plan retirement income with our Post Office & APY Calculator.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.