Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26

The Atal Pension Yojana (APY), the Centre’s flagship social safety scheme aimed toward unorganised sector employees, has surpassed 8 crore complete gross enrolments, the Finance Ministry stated on Friday. The scheme added 39 lakh new subscribers in the present monetary 12 months to this point, marking a major growth in its outreach.Launched on May 9, 2015, and administered by the Pension Fund Regulatory and Development Authority (PFRDA), the scheme is designed to create a common social safety security web for Indians, significantly concentrating on the economically weaker sections, PTI reported.In a press release, the Finance Ministry stated, “The Atal Pension Yojana (APY), a flagship social security scheme of the Government of India administered by PFRDA, has achieved a significant milestone by surpassing 8 crore total gross enrolments with an addition of 39 lakh new subscribers in the current Financial Year (FY 2025-26) alone.”What is Atal Pension Yojana? Atal Pension Yojana (APY) is a voluntary and contributory pension scheme that assures a assured month-to-month pension starting from Rs 1,000 to Rs 5,000 after the subscriber turns 60. In the occasion of the subscriber’s dying, the identical pension quantity is payable to the partner, and the collected pension corpus is returned to the nominee after the demise of each.The scheme is open to all Indian residents aged between 18 and 40 years, besides those that are or have been income-tax payers.