All about Pradhan Mantri yojana and other government schemes in India.

2016-05-14

Amendment in the existing Atal Pension Yojana (APY)

Amendment in the existing Atal Pension Yojana (APY)

The Government has made the following amendment in the existing Atal Pension Yojana (APY) vide Government Notification F. No. 16/1/2015 PR dated 22.03.2016. 
Option to the spouse of the subscriber to continue contribution to APY on death of subscriber before the age of 60 years: 

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
LOK SABHA
UNSTARRED QUESTION NO: 963                   ANSWERED ON: 29.04.2016

Atal Pension Yojana

S.SELVAKUMARA CHINNAYAN
Will the Minister of FINANCE be pleased to state:-

(a) whether it is true that the Government has made/proposed to make any amendments in the existing Atal Pension Yojana; 
(b) if so, the details thereof; and 
(c) the time by which the amendments are likely to be applicable/effective?

ANSWER

The Minister of State in the Ministry of Finance 
(a) to (c): The Government has made the following amendment in the existing Atal Pension Yojana (APY) vide Government Notification F. No. 16/1/2015 PR dated 22.03.2016. 

Option to the spouse of the subscriber to continue contribution to APY on death of subscriber before the age of 60 years: 

“If the subscriber dies before the age of 60 years, his / her spouse would be given an option to continue contributing to APY account of the subscriber, which can be maintained in the spouse’s name, for the remaining vesting period, till the original subscriber would have attained the age of 60 years. The spouse of the subscriber shall be entitled to receive the same pension amount as that of the subscriber until the death of the spouse.”


*****

Source: Loksabha

English Version
[http://164.100.47.190/loksabhaquestions/annex/8/AU963.pdf]

Hindi Version
[http://164.100.47.190/loksabhaquestions/qhindi/8/AU963.pdf]
Share:

0 comments:

Post a Comment

We are not the official website and are not linked to any Government or Ministry. All the posts published here are for information purpose only. Please do not treat as official website and please don't disclose any personal information here.

Copyright © 2015 Prime Minister's Schemes प्रधानमंत्री योजना. All rights reserved.

Categories

Copyright © Prime Minister's Schemes प्रधानमंत्री योजना | Powered by Blogger Design by ronangelo | Blogger Theme by NewBloggerThemes.com