{"id":83722,"date":"2026-01-22T13:06:44","date_gmt":"2026-01-22T07:36:44","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=83722"},"modified":"2026-01-22T16:15:34","modified_gmt":"2026-01-22T10:45:34","slug":"atal-pension-yojana-features","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/atal-pension-yojana-features\/","title":{"rendered":"Atal Pension Yojana"},"content":{"rendered":"<h2><b>Atal Pension Yojana Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the union cabinet approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31.<\/span><\/p>\n<h2><b>About Atal Pension Yojana<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was launched by the <\/span><b>Government of India<\/b><span style=\"font-weight: 400;\"> on 9th May 2015.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was designed to encourage <\/span><b>voluntary savings for retirement<\/b><span style=\"font-weight: 400;\"> by offering defined pension benefits, linked to the age of joining and <\/span><b>amount of contribution.<\/b><\/li>\n<\/ul>\n<h2><b>Key Features of Atal Pension Yojana<\/b><\/h2>\n<ul>\n<li><b>Target Group: <\/b><span style=\"font-weight: 400;\">It is aimed at workers in <\/span><b>the unorganised sector<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It was initially available to all citizens of India between <\/span><b>18 and 40 years of age.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">With effect from 1st October 2022, individuals <\/span><b>paying income tax<\/b> <b>are not eligible<\/b><span style=\"font-weight: 400;\"> to join the scheme.<\/span><\/li>\n<li><b>Guaranteed Pension:<\/b><span style=\"font-weight: 400;\"> Subscribers can opt for a fixed pension ranging <\/span><b>from \u20b91,000 to \u20b95,000 per month<\/b><span style=\"font-weight: 400;\">, depending on the contribution made.<\/span><\/li>\n<li><b>Government Co-Contribution:<\/b><span style=\"font-weight: 400;\"> For subscribers who enrolled between June 1, 2015, and March 31, 2016, and met certain criteria, the government contributed 50% of the subscriber\u2019s amount or \u20b91,000 per annum for five years.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is administered by the <\/span><b>Pension Fund Regulatory and Development Authority (<a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pfrda\/\" target=\"_blank\">PFRDA<\/a>)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li aria-level=\"1\"><b>Exit and withdrawal options\u00a0<\/b><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Exit at age 60:<\/b><span style=\"font-weight: 400;\"> Full pension begins.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Exit before age 60:<\/b><span style=\"font-weight: 400;\"> Permitted only in cases of death or terminal illness.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Voluntary Exit:<\/b><span style=\"font-weight: 400;\"> Allowed, but the subscriber only receives the contribution made (with interest) and government co-contribution (if any) is forfeited.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2216718&amp;reg=3&amp;lang=2\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atal Pension Yojana was launched by the Government of India on 9th May 2015. Read more about Atal Pension Yojana, Key Features, Beneficiaries, Latest News.<\/p>\n","protected":false},"author":24,"featured_media":83741,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[896,21,22,23],"class_list":{"0":"post-83722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-atal-pension-yojana","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/83722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=83722"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/83722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/83741"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=83722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=83722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=83722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}