Hurry! This LIC pension scheme that can provide Rs 10,000 a month will end March 31

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Deal Captain
Girish321

https://economictimes.indiatimes.com/wealth/inv...

Pradhan Mantri Vaya Vandana Yojana pension scheme, meant for senior citizens, is available only till March 31.

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Deal Lieutenant Deal Lieutenant
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I think the government will extend it.

There is SCSS which gives 8.6% return. This scheme gives 8%

Deal Subedar Deal Subedar
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What is scss?

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Critic Critic
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Nice game plan from ind gov, invested amount per humko byaaj milega, usko ye log pension bolte hai…nice modiji

Deal Subedar Deal Subedar
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I guess that is how Pension schemes are actually supposed to work. Only difference is that in government sponsored pension schemes, you get a fixed guaranteed return, no matter how the market/economy performs. In a private pension fund, your returns are purely determined by how the fund and the underlying investments have performed and you might actually even lose all the money you have invested or make spectacular returns out of it. In India, people have had a notion of pension as free money given by government to all its employees after retirement (and correctly so because the government has actually been doing the same and has only just recently stopped) .

Deal Subedar Deal Subedar
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Yupp

Like Magnet Like Magnet
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Hurry!

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