Eligibility

1. For Small and Marginal Farmers
2. Entry Age between 18 to 40 years
3. Cultivable land up to 2 hectares as per land records of the concerned State/UT

Features

1. Assured pension of Rs. 3000/- month
2. Voluntary and Contributory Pension Scheme
3. Matching Contribution by the Government of India

Note

1. Pradhan Mantri Shram Yogi Maan-dhan Yojana
2. National Pension Scheme - Traders & Self-Employed Persons



1. Minimum assured pension of Rs 3000/- per month after attaining the age of 60 years.
2. Convertible to family pension wherein spouse shall be entitled to receive 50% of the amount.
3. If the applicant dies before age of 60, Spouse will be entitled to continue the scheme and shall be entitled to receive 50% of the amount.
4. Once the applicant attains the age of 60, he/ she can claim the pension amount. Every month a fixed pension amount gets deposited in the pension account of the respective individual.
5. In case an eligible beneficiary exits this Scheme within a period of less than ten years from the date of joining the Scheme by him, then the share of contribution by him only will be returned to him with savings bank rate of interest payable thereon.
6. If an eligible beneficiary exits after completion of a period of ten years or more from the date of joining the Scheme by him but before his age of sixty years, then his share of contribution only shall be returned to him along with accumulated interest thereon as actually earned by the Pension Fund or the interest at the savings bank interest rate thereon, whichever is higher.
7. If an eligible beneficiary has given regular contributions and died due to any cause, his spouse shall be entitled to continue with the Scheme subsequently by payment of regular contribution as applicable or exit by receiving the share of contribution paid by such beneficiary along with accumulated interest, as actually earned thereon by the Pension Fund or at the savings bank interest rate thereon, whichever is higher
8. After death of beneficiary and his or her spouse, the corpus shall be credited back to the fund

Note

Eligibility Criteria

1. For Small and Marginal Farmers
2. Entry Age between 18 to 40 years
3. Cultivable land up to 2 hectares as per land records of the concerned State/UT

1. NPS (National Pension Scheme)
2. ESIC (Employees' State Insurance Corporation)
3. EPFO (Employees' Provident Fund Organisation)

Indicative Document

1. Aadhaar Card
2. Savings Bank Account / PM-Kisan Account