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Who is an Annuitant?

An Annuitant is a person as per the contract that is entitled to collect the benefits of an annuity or pension. The annuitant can be the actual contract holder or another person.  The Annuitant cannot be a company or a trust but has to mandatorily be a natural person. He or she can also be […]

Atal Pension Yojana

Atal Pension Yojana was launched in June 2015 to make the geriatric population self-reliant after they have spent a lifetime working in non-pensionable jobs. With this scheme, the government wants to make the unorganized work force, which makes major chunk of India’s labour force (88%) join the National Pension Scheme. This will enable them to […]

Jeevan Pramaan

In its determination to bring digitalisation to every Indian household, Digital Life Certificate or Jeevan Pramaan is another enabling mechanism launched by Government of India to benefit over a crore pensioners in the country. This is another major step towards self-certification. Under the present system for payment of pension, every pensioner has to submit a life certificate […]