Atal Pension Yojana (APY)

Launched in 2015, APY addresses the old age income security of the working poor and the longevity risks among the workers in unorganised sector.

• The scheme replaces the Swavalamban Yojana scheme.
• It is focused on encouraging and enabling them to save for their retirement.
• Eligibility: All citizens of India aged between 18-40 years.