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Key Points

6 points
1

Launch year: 2019; seven-year milestone reached in 2026.

2

Total enrolments: about 24.96 lakh farmers across India.

3

Monthly contributions range from 55 to 200 rupees, based on the farmer's age at entry.

4

The government provides an equal matching contribution, effectively doubling the savings.

5

Minimum guaranteed pension: 3,000 rupees per month after age 60.

6

Family pension: 50% of the subscriber's amount goes to the spouse if the subscriber dies after retirement.

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Summary

As of February 2026, nearly 2.5 million farmers have enrolled, with Haryana having the highest number of participants.

Farmers aged 18 to 40 contribute a fixed amount each month, and the central government matches each contribution, creating a shared savings pool.

The pension amount starts at a minimum of 3,000 rupees per month, and a surviving spouse can receive half of that amount if the farmer passes away after retirement.

The scheme is managed by the Department of Agriculture and Farmers Welfare in partnership with the Life Insurance Corporation of India, using a paperless enrolment process at nearby Common Service Centres.

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New Words to Learn

10 words
pension
regular payment received after retirement
contributory
a system where participants add money to a fund
eligible
meeting the conditions to join
enrolment
the act of signing up for a program
matching contribution
the same amount of money added by the government
beneficiary
person who receives benefits from the scheme
auto‑debit
automatic removal of money from a bank account each month
landholding
the amount of land a farmer owns
scheme
organized plan or program
spouse
husband or wife
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