The government has planned to announce a new pension plan under the budget 2018-2019 for senior citizens. The new plan to be announced by the government is named PM’s Vaja Vandana Yojana Pension Plan.
PMVVY is a Pension Scheme announced by the government exclusively for the senior citizens aged 60 years and above and will be available from 4 th May 2017 to 3 rd May 2018. This scheme can be purchased online through Life Insurance Corporation of India which has been given the sole privilege to operate the scheme.
Financial planners say that this scheme will offer more avenues to […]
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