Govt's senior citizen pension scheme extended but interest lowered: 10 points3 min read . Updated: 21 May 2020, 11:45 AM IST
- Launched in 2017, Pradhan Mantri Vaya Vandana Yojana (PMVVY) offers a guaranteed payout of pension to senior citizens every month
- You can buy PMVVY scheme from Life Insurance Corp. of India
The Union Cabinet on Wednesday has extended Pradhan Mantri Vaya Vandana Yojana (PMVVY), a pension scheme for those who are above 60, for a period of three years. The social security scheme for senior citizens will be valid till March 2023.
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