Priyanka — Personal Finance Educator India
Priyanka Personal Finance

Smart Money · Simple Words · India

Glossary pe wapas jao
Employment

Pension Kya Hai? — Matlab, Definition & Example

Definition

Pension retirement ke baad milne wali regular income hai. India mein EPS, NPS, APY, aur Old Pension Scheme main types hain.

💡 Real Example

A central government employee under old pension scheme gets 50% of last drawn salary as lifetime pension, while NPS returns depend on market performance.

🇬🇧 English Mein (Pension)

Pension is a regular income received after retirement. Types in India: EPS pension (EPFO, ₹1,000+ based on service), NPS annuity (market-linked), APY (₹1,000-5,000 guaranteed), old pension scheme (for government employees before 2004). New Pension Scheme replaced old one for govt employees from 2004.

❓ Common Questions

Pension kya hai simple words mein?
Pension retirement ke baad milne wali regular income hai. India mein EPS, NPS, APY, aur Old Pension Scheme main types hain.
Pension ka ek example do?
A central government employee under old pension scheme gets 50% of last drawn salary as lifetime pension, while NPS returns depend on market performance.
Pension ko English mein kya kehte hain?
English mein ise Pension kehte hain. Pension is a regular income received after retirement. Types in India: EPS pension (EPFO, ₹1,000+ based on service), NPS annuity (market-linked), APY (₹1,000-5,000 guaranteed), old pension scheme (for