NEW DELHI: Union cabinet on Tuesday approved the continuation of Atal Pension Yojana (APY) up to 2030-31, along with extension of funding support for promotional and developmental activities and gap funding. PM Narendra Modi said the decision will ensure old-age income security for low-income group and workers in unorganised sector. APY offers a guaranteed pension of Rs 1,000 to Rs 5,000 per month starting at age 60, based on contributions.
EPS-95 pension hike likely? Minimum pension may rise above Rs 1,000; check who could benefit most
A long-pending demand of EPFO pensioners may finally move forward, with the labour ministry reportedly examining a revision in the minimum monthly pension under the Employees’ Pension Scheme (EPS-95). The…