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Ministry Of Youth Affairs & Sports

Scheme Of Sports Fund For Pension To Meritorious Sportspersons

Citizen Empowerment
Financial Assistance
Meritorious Sportspersons
Pension
Sports
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Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
Scheme Of Sports Fund For Pension To Meritorious Sportspersons is a pension scheme by the Ministry of Youth Affairs & Sports with the aim to provide additional financial security to sportspersons post-retirement from active sports career in the form of a lifetime pension, payable on attaining the age of 30 years (or date of retirement from active sports whichever is later). The need for assured monthly income through annuity for outstanding sportspersons has become imperative due to the fact that sportspersons spend prime of their youth in pursuit of intensive training, sacrificing other beneficial opportunities normally available. The assured monthly income will be a compensation for the opportunities spurned by them in pursuit of their high ambition and achievement in sports.
Vision and Mission:
The vision of the scheme is to attract and retain the best sporting talent in the country to achieve excellence in sports. This scheme was launched with a mission to provide financial security to meritorious sportspersons post retirement.
Aims and Objectives:
The main aim of this scheme is to identify international competitions for this purpose i.e., Olympic Games, Commonwealth Games and Asian Games and World Cups in Olympics and Asian Games disciplines and Para-Olympic Games; and provide with additional financial security post retirement is originally defeated.
Extent of application:
The Scheme will be applicable to sportspersons, who are Indian citizens and have won Gold, Silver or Bronze medals in Olympic Games, World Cup in Olympics and Asian Games disciplines, Asian Games, Commonwealth Games and Para-Olympic Games.
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