1. Old age Pension in India National Social Assistance Programme (NSAP) 15th August, 1995:  Indira Gandhi National Old Age Pension (IGNOAPS)  Sanjay Gandhi Niradhar Anudan Yojana -Maharashtra  Indira Gandhi Bhumihin Vrudh Sheth-Majdoor Sahayay Yojana -Maharashtra  National Family Benefit Scheme(NFBS)  Annapurna Scheme  New Pension System (NPS) 2009 Some State Pension plan are addition to it or part of it www.silverinnings.com

2. Indira Gandhi National Old Age Pension (IGNOAPS) The central contribution of pension under the Indira Gandhi National Old Age Pension Scheme (IGNOAPS) is Rs. 200/- per month per beneficiary and the State Governments may contribute over and above to this amount. At present old Age beneficiaries are getting anywhere between Rs. 200/- to Rs. 1000/- Depending on the State Contribution. www.silverinnings.com

3. Sanjay Gandhi Niradhar Anudan Yojana An individual (female 60 years or above and males 65 years or above) can get Rs 100 per month if he/she has no source of income. If a woman is a widow and has one or more children below 18 years then she is eligible for a pension of Rs 250 per month. www.silverinnings.com

4. Indira Gandhi Bhumihin Vrudh Sheth- Majdoor Sahayay Yojana An individual (female 60 years or above and male 65 years or above) gets Rs 100 per month. The beneficiary of this scheme must be a destitute and from a rural area. www.silverinnings.com

5. National Family Benefit Scheme(NFBS) Central Assistance is given in the form of lumpsum family benefit for households below the poverty line on the death of the primary breadwinner in the bereaved family. The amount of benefit is Rs.10000/- in case of death of primary breadwinner due to natural or accidental causes. The family benefit is paid to such surviving member of the household of the deceased who, after local enquiry is determined to be the head of the household. www.silverinnings.com

6. Annapurna Scheme Annapurna Scheme w.e.f.1.4.2000 This scheme aimed at providing food security to meet the requirement of those senior citizens who, though eligible, have remained uncovered under the NOAPS. Under the Annapurna Scheme 10 kgs of food grains per month are provided free of cost to the beneficiary. www.silverinnings.com

7. New Pension System (NPS) 2009 PFRDA (Pension Fund Regulatory and Development Authority), India has opened New Pension Scheme (NPS) to all Indian citizens starting on 1st May, 2009. PFRDA was established by the Government of India to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds. This will benefit unorganized sector www.silverinnings.com

8. Contd. New Pension System Any Indian citizen will be able to start a New Pension Scheme account and can start investing any amount up for a pension. Under this scheme, an investor can deposit their contributions in Bank Branches and Post offices all over the country. www.silverinnings.com

9. Contd. New Pension System Unlike EPF (employee provident fund schemes), there will be only one number allotted to each investor, In case of change of job or location of job, it can be easily transferred to another branch. Each Investor will be allotted a unique 16 digit Permanent Pension Account Number (PPAN) it will valid for life like current PAN number. There will be no need to open a new account every time you change job or location unlike the current EPF (Employee Provident Fund) www.silverinnings.com

10. Contd. New Pension System In starting, there will be 23 Points of Presence (POP) including PSU banks and post offices, and they will be provide account opening and other transactions facility. Following is the participating POP list: Allahabad Bank, Axis Bank, Bajaj Allianz General Insurance Co, Central Bank of India, Citibank, CAMS (Computer Age Management Services), ICICI Bank, IDBI Bank, IL&FS Securities, Kotak Mahindra Bank, LIC (Life Insurance Corporation of India), Oriental Bank of Commerce, Reliance Capital, State Bank of Bikaner & Jaipur, State Bank of Hyderabad, SBI (State Bank of India), State Bank of Indore, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore, South Indian Bank, Union Bank of India, UTI. www.silverinnings.com