
When you reach retirement, your pension plan will give you monthly payment for the rest of your life which will make your golden years happier!
Atal Pension Yojana (APY) – Eligibility Details, Account Opening & Benefits
This is the pension plan organized by the Government of India focused on the unorganized sector workers.
2) Features of Atal Pension Yojana Scheme
The Prime Minister of India launched this scheme with the intention of lending helping hands to Indian Citizens leads a life of dignity in their golden years.
5000/- based on the contribution during the contribution period of 20 years.




When you reach retirement, your pension plan will give you monthly payment for the rest of your life which will make your golden years happier!
Atal Pension Yojana (APY) – Eligibility Details, Account Opening & Benefits
This is the pension plan organized by the Government of India focused on the unorganized sector workers.
2) Features of Atal Pension Yojana Scheme
The Prime Minister of India launched this scheme with the intention of lending helping hands to Indian Citizens leads a life of dignity in their golden years.
5000/- based on the contribution during the contribution period of 20 years.

At certain times, you can trade in a defined benefit scheme for a fixed-size pension pot found in the defined contribution pension.
This process of trading in is known as final salary pension transfer or defined benefit pension transfer.
In the process of final pension transfer UK, the pension provider might offer you a certain amount in exchange for your guaranteed pension for life.
The money provided will not be in the form of cash instead it will be in form of Cash Equivalent Transfer Value (CETV).
The CETV received can be invested in a pension pot from which you can draw some income from 55.
The cash equivalent transfer value is the money of your pension scheme that you would need today to make sure that it covers the cost of the benefits you were guaranteed in the future.

The Hub of Goverment schemeshttps://www.yojanagyan.in/

As per the recent changes to the UK pensions, it is meant that the QROPS may have lost some of its appeals compared to that of the SIPP and the other pension schemes.
In truth, now a QROPS and SIPP are more similar than ever and for the people who live outside the UK, both these pension schemes can offer distinct advantages.Given below are some of the most common things that have to be known about the QROPS and SIPPs with which you will be able to understand the critical differences in the plain.
More than understanding the differences you will get to know what each pension scheme can contact you, and you will know about the offshore investment.
Also, before deciding on any financial product, it is essential to seek independent advice.Read more here: Which pension scheme should you choose?