https://www.taxtmi.com/news?id=25395 Pradhan Mantri schemes create an operative framework for low cost life and accidental insurance and a contributory guaranteed pension: PMJJBY and PMSBY are renewable one year covers for eligible bank or post office account holders with premium collection via annual auto debit and streamlined claim settlement; APY is a PFRDA administered contributory pension under the NPS architecture offering subscriber chosen guaranteed minimum monthly pensions from age sixty, with spousal continuation provisions, regulated exit conditions, and a Central Government guarantee to fund any shortfall in providing the guaranteed pension. en-us Mon, 09 May 2022 13:17:49 +0530 Mon, 09 May 2022 13:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25395 Pradhan Mantri schemes create an operative framework for low cost life and accidental insurance and a contributory guaranteed pension: PMJJBY and PMSBY are renewable one year covers for eligible bank or post office account holders with premium collection via annual auto debit and streamlined claim settlement; APY is a PFRDA administered contributory pension under the NPS architecture offering subscriber chosen guaranteed minimum monthly pensions from age sixty, with spousal continuation provisions, regulated exit conditions, and a Central Government guarantee to fund any shortfall in providing the guaranteed pension. News - Mon, 09 May 2022 13:17:49 +0530 https://www.taxtmi.com/news?id=25395