News and Press Release - Dated:- 11-8-2018 - The Atal Pension Yojana (APY) was launched in May, 2015 and is operational from 1st June, 2015. The APY is primarily focussed on all citizens in the unorganised sector, who are not covered by any pension scheme. All citizens of the country in the eligible category may join the scheme. As on 06.08.2018, the total number of subscribers under APY is 1,09,66,981, out of which, 43,87,993 subscribers are women. The salient features of the Atal Pension Yojana are as under: Indian Citizens between the age group of 18 to 40 years eligible to join APY through their savings bank account or post office savings bank account. APY is based on defined benefit for providing guaranteed minimum monthly pension of ₹ 1000 or ₹ 2000 or ₹ 3000 or ₹ 4000 or ₹ 5000 at the age of 60 years based on pension amount chosen. The Central Government would also co-contribute 50% of the total contribution or ₹ 1000 per annum, whichever is

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