Summary
Participants contribute regularly, and the central government matches each contribution, creating a shared‑contribution pension.
At age 60, beneficiaries receive a guaranteed minimum pension of three thousand Indian rupees per month.
The scheme also offers a survivor pension of fifty percent for the spouse if the subscriber dies after pension commencement.
By February 2026, enrollment had risen to approximately 2.5 million farmers, with significant participation in states such as Haryana, Bihar, Uttar Pradesh and Jharkhand, and government spending of about 540.66 crore rupees.