Old Pension Scheme Restored: Govt’s Big Decision Brings Hope For Employees

TOld Pension Scheme Restored: he Delhi government has significantly expanded its Old Age Pension Scheme by creating 80,000 new slots for the support of senior citizens in the city. The initiative was launched on November 25, 2024, by then Chief Minister Arvind Kejriwal and thereby pushed the number of beneficiaries to 5.3 lakhs. Many elderly residents who do not have adequate means of subsistence will now be assured financial security for their livelihood. It will now be possible for the elderly in Delhi to live in dignity.

Revised Pension Amounts

Under the revised scheme, pension amounts have been kept at different levels to fulfill different needs. Those aged 60 to 69 years receive a pension of ₹2,000 per month, and those 70 years and above get a pension of ₹2,500. However, a further ₹500 per month stipend is given to beneficiaries belonging to SC, ST, and minority communities to allow for greater support for marginalized groups. These rates make Delhi the most generous state for pension schemes, ahead of Rajasthan, Uttar Pradesh, and Gujarat.

Eligibility Criteria

Applicants would need to satisfy certain requirements to be entitled under this scheme. Under this scheme, they have to be residents of Delhi for at least five years, should involve less than A1,00,000 as an annual family income, and ought to be a beneficiary of any pension or financial assistance whatsoever given by either the centre or state governments. The documents are: proof of age, residence, identity and income certificate, Aadhaar Card, and caste certificates if to belong to SC/ST for candidates aged between 60 and 69 years. This site accepts online processing of applications through the e-District portal (edistrict.delhigovt.nic.in), thus easy access is made for the applicants.

The Application Process And Verification

This application procedure is so efficiently designed that it received more than 10,000 applications within the very first 24 hours after having been launched on November 24, 2024. The department of social welfare scrutinises the application, and verification could involve submission of documents on the applicants’ direct appearances. Payment for the disbursed pensions is credited monthly through direct benefit transfer (DBT) to Aadhaar-linked bank accounts and generally credited within 45 days.

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