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Rajasthan Senior Citizens Pension Scheme
The State Government of Rajasthan has started the Chief Minister’s Pension Scheme for senior citizens of the state. This scheme has been started for the person of all age groups. In Rajasthan, the Chief Minister started the Social Security Pension Scheme. This plan has been created in different sections. The objective of the government to release the plan is “Sabka Rakha Dhyan, Kiya Sabka Samman Rajasthan Sarkar ki Yahi Pehchan“. Pension has been extended in these pension plans. This scheme will be implemented in the state from July 1, 2017. The State Government of Rajasthan has launched its most committed scheme called ‘Mukhyamantri Vridhajan Samman Pension Yojana’ for the senior citizens of the Rajasthan state. Under the Mukhyamantri Vridhajan Samman Pension scheme, the Rajasthan government is going to provide financial support of Rs 500 to 750 rupees by the meaning of pension to senior citizens of the Rajasthan State.
|Age||Pension Per Month||Increase In Pension|
|From 60 Years to 75 Years Old||Rs. 500 /-||Rs. 1000 /-|
|More than 75 Years||Rs. 750 /-||Rs. 1500 /-|
Important Points About Rajasthan Senior Citizens Pension Scheme
- LIC will provide 8% returns for 10 years with guarantee. On the eve of New Year, PM Modi mentioned this kind of scheme in his speech, which was approved in the meeting of the Union Cabinet held under his chairmanship.
- Under this, you can opt for payment on monthly, quarter, half yearly and yearly basis for pension.
- This step has been taken up under the Government’s Social Security and Financial Inclusion Program. According to an official statement, the Union Cabinet has approved retrospectively to start senior pension insurance scheme 2017.
- The goal of this scheme is to provide social security to the elderly of 60 years and above. Through this, they will be protected between the precarious circumstances of the market.
- It has been clarified in the statement of the government that if there is any difference between the returns of Life Insurance Corporation on such investments and 8 percent returns, then the government will compensate them on an annual basis.
- It has been stated that it will be open for one year from the date of implementation of this scheme.
- According to financial planners, there is a further cut in interest rates in the coming days and in such a case, 8% pension scheme is a good opportunity for investment. However, the scheme has not yet cleared the situation with pre-mature withdrawal. SBI gives senior citizens interest on interest rates of 5% to 19% on interest rates of 7%. There is an 8.5 percent interest rate under the Senior Citizen Savings Scheme. Although speculation seems to be that since interest rates are continuously decreasing, in this case, interest rates may also be reduced.
- Senior pension insurance scheme 2017 is the pension plan of the central government, so investing in it is a bit risky.
Rajasthan Senior Citizens Pension Scheme Online Form
Those who want to avail this scheme must fill the online form for the Rajasthan Senior Citizens Pension Scheme. If candidates do not fill the Rajasthan Senior Citizens Pension Scheme online application form then they will not be able to get pension. So the candidates will have to fill the Rajasthan Senior Citizens Pension Scheme application form from the official website. The candidates may use the link given below to fill the Rajasthan Senior Citizens Pension Scheme application form.