Pension Scheme: The central government is running several schemes to empower people financially. The Old Age Pension Scheme is one such scheme aimed at providing financial assistance to senior citizens. This scheme is considered a crucial financial support program for the elderly. Its objective is to provide financial assistance to senior citizens who do not have a regular source of income. The Old Age Pension Scheme is run by different states at their own level, and only those who meet the specified conditions can avail themselves of its benefits.
Who can apply for the Old Age Pension?
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To avail of this scheme, the applicant must be at least 60 years old. The beneficiary must also be a permanent resident of Delhi for the past five years. The applicant’s annual income, including all sources such as investments, rent, etc., should not exceed one lakh rupees. The beneficiary must have an active bank account in a bank located in Delhi. Furthermore, the applicant should not be receiving benefits from any other government pension scheme.
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How much pension is provided?
Under the Old Age Pension Scheme, beneficiaries aged 60 to 69 years receive Rs. 2000 per month. If the beneficiary belongs to a Scheduled Caste or Scheduled Tribe, they receive an additional Rs. 500. Senior citizens aged 70 years or older receive a pension of Rs. 2500 per month.
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How to apply?
To apply for the Old Age Pension Scheme, the applicant needs to visit the official website of the scheme. All the required information must be filled in carefully, and the necessary documents must be uploaded. The application process can only be completed when the government invites new applications.
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Required Documents
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During the application process, it is mandatory to submit an age certificate, residence certificate, bank account details (single account), SC or ST certificate (if applicable), passport-size photograph, and the income-related self-declaration form available on the portal.