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Articles related to focusing on healthy aging, prevention, mobility, cognition, nutrition, independence, and caregiving support.

7 min

Who is eligible for the old pension scheme in India?

As of January 1, 2004, the Old Pension Scheme (OPS) was officially discontinued for new recruits in the central government, making eligibility a key question for many. Understanding who is eligible for the old pension scheme in India is crucial for those in government service, as it applies primarily to those who joined before this specific date. The scheme offered a guaranteed, defined-benefit pension, which is fundamentally different from the contributory National Pension System (NPS) that replaced it.

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4 min

What is the average pension amount in India?

According to a 2021 PFRDA report, the average pension corpus for an NPS subscriber at age 60 is just under ₹5 lakh, highlighting a significant need for better retirement planning. This raises a key question: **What is the average pension amount in India?** The reality is that there is no single average, as the amount depends heavily on the type of pension scheme and sector of employment.

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4 min

Which pension plan is best in India for senior citizens?

With India's senior population growing rapidly, securing a steady retirement income is a primary concern for many. Determining which pension plan is best in India for senior citizens depends on individual financial goals, risk appetite, and liquidity requirements.

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