National Pension Scheme  

Atal Pension Yojana is a great opportunity for building a retirement fund as it provides a steady income at old age. Similar to this, there are various investment schemes available that can help you spend your golden years in comfort. Let’s read about some of them.

The central government launched the National Pension System in the year 2004. NPS works as a market-linked scheme and offers advantages of building a retirement fund while also providing pension benefits.

Saving money is crucial for many reasons. It’s an important way to keep yourself motivated and disciplined.

Government of India has introduced two voluntary and Contributory Pension Schemes, Pradhan Mantri Shram Yogi Maan-dhan Yojna, (PM-SYM), a pension scheme for the Unorganised Workers and National Pension Scheme for the Traders and Self Employed Persons (NPS-Traders)

For old age protection in the form of monthly pension, Ministry of Labour & Employment has launched Pradhan Mantri Shram Yogi Maan-dhan Yojana which is a voluntary and contributory pension scheme for providing monthly minimum assured pension of Rs. 3,000/- on attaining the age of 60 years.