Atal Pension Yojana (APY)

Atal Pension Yojana (APY) is a pension scheme administered by PFRDA aimed at workers in the unorganised sector. Subscribers contribute a small monthly amount starting at age 18–40, and receive a guaranteed monthly pension of ₹1,000 to ₹5,000 from age 60.

The government co-contributed 50% of subscriber contribution (max ₹1,000/year) for non-income-tax-payer subscribers for the first 5 years (2015–2020). The pension amount depends on contribution amount and age of entry.