Atal Pension Yojana scheme encourages them to save for their retirement. All operations of the scheme are handled by the Pension Fund Regulatory and Development Authority (PFRDA). The APY scheme is a voluntary scheme to save for retirement. The main Atal Pension Yojana benefits is the retirement benefit. Depending on the contributions made, the monthly pension will be paid out.

• Risk-free scheme.
• The Indian Government co-contributes towards the scheme.
• Tax benefits are provided.