With an objective of
bringing in transparency, efficiency and to enable beneficiaries to get their
entitlement directly in a convenient and seamless manner, Aadhaar Card has been
constituted as the primary document in identification of the beneficiary under
the Aadhaar Act which came into effect from 12th September
2016.
Atal Pension Yojana (APY)
has now been included under the Section 7 of the Aadhaar Act. As per the
provisions of the Act, any individual who is eligible to receive benefits under
the APY will have to furnish proof of possession of Aadhaar number or undergo
enrolment under Aadhaar authentication. A copy of the notification is attached.
Accordingly, an APY
subscriber will have to get the Aadhaar number recorded in his or her APY
pension account and also in his/ her savings account where the periodic pension
contribution instalments are debited and government co-contribution is to be
credited. In case a subscriber is not yet having an Aadhaar card, he/ she
should immediately get him/ her enrolled for the Aadhaar card for which he or
she can visit the nearest Aadhaar enrolment centre. The list of all such
centers is available on UIDAI website, www.uidai.gov.in.
PFRDA has identified nearly
12.35 lakh subscribers who are eligible for Government of India co-contribution
for an amount upto Rs 1000 for the Financial Year 2016-17 which will be
released to the eligible subscribers’ savings bank accounts which are seeded
with Aadhaar. These subscribers are advised to approach their Bank or Postal
Branch for seeding their Aadhar Number.
In the recent times, various
new initiatives like online viewing of Statement of Transactions (SOT) and
online PRAN card under APY have been taken up by PFRDA for facilitating
subscribers under the scheme.
Atal Pension Yojana
currently has more than 54 lacs subscribers with an asset base of more than Rs.
2,200 crores.
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DSM/KA
