<h1>Guaranteed minimum pension scheme provides defined benefits at retirement with government co contribution and shortfall support.</h1> The Atal Pension Yojana provides a defined benefit guaranteed minimum monthly pension from age sixty for eligible unorganised sector citizens joining through savings bank or post office accounts, with a limited government co contribution for qualifying subscribers. If accumulated returns are inadequate to fund the guaranteed pension the Central Government funds the shortfall, while any excess returns accrue to the subscriber. Survivorship, nominee payment, flexible contribution periodicity, and default regularisation mechanisms are provided; PFRDA/CRISIL have proposed a women focused pension policy and tax relief for pension savings.