Swavalamban Scheme was announced in the Union Budget 2010-11 to address the longevity risk of poorer sections of the country. Under the Swavalamban, the Government of India shall contribute a sum of Rs. 1,000 to each subscriber account of the New Pension System (NPS) during the current year and the next three years provided the subscriber contributes any amount between Rs. 1,000 to Rs. 12,000 per annum.
The Government has targeted to cover ten lakh subscribers each in the four years beginning 2010-11, bringing the total number of subscribers to 40 lakhs by March, 2014. The Operational Guidelines on Swavalamban Scheme have been approved and released which, inter-alia, provide the applicability, benefits, definitions of the un-organized sector, eligibility, funding, operation etc. of the Scheme.
The Pension Fund Regulatory and Development Authority (PFRDA) has placed these Guidelines in public domain on its website http://www.pfrda.org.in . The Governmenthas launched the Scheme on 26.09.2010 and the same will be implemented by the PFRDA.
PFRDA has appointed various agencies all over the country, such as, Financial Sector entities, Government entities, Civil Society organizations, etc. for enrolment of subscribers and contribution collection under the Swavalamban Scheme. A higher level of enrolments under the Scheme will ensure old age income security for such subscribers in their post-retirement phase.
7 Comments on National Pension Plan Swavalamban Scheme
RANAJIT KUMAR PAL
04/06/2012 at 6:41 pm
VERY FEW PEOPLE ARE AWARE OF THE SWAVALAMBAN SCHEME OF GOVT. OF INDIA (.) I LIKE TO MOTIVATE PEOPLE OF UN-ORGANIXED SECTOR (.)
MAX. PARTICIPATION IS VERY MUCH ESSENTIAL (.) THIS WILL HELP TO THE PARTICIPANTS AND IN TURN TO THE INDIAN SOCIETY AS A WHOLE (.)
srinivasa reddy
07/02/2013 at 6:25 pm
hai, friend
we are proud of like you people
to giving awareness to the Indians
We are the organization, alike have started to motivate, not only motivation at the same time we are connecting each and every in the system through our systematic plan. we are authorized to operate and organize the NLCC centres in all over India.
we have all ready started our work in the states of, KARNATAKA, UTTARAKHAND, PANZAB , UTTERPRADESH, AND ANDHRA PRADESH….
for more details :
don’t hesitate to ask me on my
09000756234
08985549568
srinivasa reddy
marketing director
himagiri multi trade and fincon services (p) ltd.
jagadish ch sisha
17/09/2012 at 11:04 am
i know every think for pfrda
srinivasa reddy
07/02/2013 at 6:27 pm
srinivasa reddy February 7, 2013 at 6:25 pm
hai, friend
we are proud of like you people
to giving awareness to the Indians
We are the organization, alike have started to motivate, not only motivation at the same time we are connecting each and every in the system through our systematic plan. we are authorized to operate and organize the NLCC centres in all over India.
we have all ready started our work in the states of, KARNATAKA, UTTARAKHAND, PANZAB , UTTERPRADESH, AND ANDHRA PRADESH….
for more details :
don’t hesitate to ask me on my
09000756234
08985549568
srinivasa reddy
marketing director
himagiri multi trade and fincon services (p) ltd.
DHAKSHINAMURTHY
14/11/2012 at 5:17 pm
I want to join Swavalamban Scheme : Pension – i am in chennai – I like to know contact no
how to open the account – my age is 40/- minimum what period etc.
srinivasa reddy
07/02/2013 at 6:25 pm
srinivasa reddy February 7, 2013 at 6:25 pm
hai, friend
we are proud of like you people
to giving awareness to the Indians
We are the organization, alike have started to motivate, not only motivation at the same time we are connecting each and every in the system through our systematic plan. we are authorized to operate and organize the NLCC centres in all over India.
we have all ready started our work in the states of, KARNATAKA, UTTARAKHAND, PANZAB , UTTERPRADESH, AND ANDHRA PRADESH….
for more details :
don’t hesitate to ask me on my
09000756234
08985549568
srinivasa reddy
marketing director
himagiri multi trade and fincon services (p) ltd.
Ram krishna jha
02/03/2013 at 9:20 pm
Sir
I am interested in swablamvan pension yojna in Bhagalpur district Bihar give details .