---
title: "Atal Pension Yojana (APY): Scheme Explained | Model Diplomat"
description: "Atal Pension Yojana is India's pension scheme ensuring ₹1,000 to ₹5,000 monthly for unorganised-sector workers from age 60, promoting financial security."
url: "https://modeldiplomat.com/learn/glossary/atal-pension-yojana"
---

[New](https://modeldiplomat.com/)

#

Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- Atal Pension Yojana is an Indian government-backed pension scheme that guarantees subscribers a fixed monthly pension of ₹1,000 to ₹5,000 from age 60.
- Who is eligible to enrol in the Atal Pension Yojana?
- How does APY differ from the National Pension System (NPS)?
- What happens to the pension after the subscriber dies?
- Is the APY pension protected against inflation?

[Civil Service & Diplomatic Exams](https://modeldiplomat.com/learn/civil-services/glossary)Updated June 22, 2026

Atal Pension Yojana is an Indian government-backed pension scheme that guarantees subscribers a fixed monthly pension of ₹1,000 to ₹5,000 from age 60.

Go beyond the definition

## Research Atal Pension Yojana (APY) like a delegate

Model Diplomat's AI drafts position papers, speeches, and country research with real sources — built for MUN and politics students.

## Timeline

1. 9 May 2015

   Atal Pension Yojana (APY) is a defined-benefit pension scheme launched by the Government of India on and made operational from 1 June 2015, replacing the ea…

2. 1 June 2015

   Atal Pension Yojana (APY) is a defined-benefit pension scheme launched by the Government of India on 9 May 2015 and made operational from , replacing the ear…

3. 31 December 2015

   The government originally co-contributed 50 percent of the subscriber's contribution, up to ₹1,000 per year for five years, for those who enrolled before an…

4. 1 October 2022

   A significant policy change took effect on : through a Finance Ministry notification, income-tax payers were barred from joining the scheme, redirecting APY…

## Research it like a delegate

Research on modeldiplomat.com

## Ask a follow-up about Atal Pension Yojana (APY)

Open a cited briefing in Model Diplomat search — timelines, positions, and sources you can use in committee or exam answers.

[Start research on Atal Pension Yojana (APY)](https://modeldiplomat.com/search?q=Explain%20Atal%20Pension%20Yojana%20\(APY\)%20%E2%80%94%20key%20dates%2C%20actors%2C%20positions%2C%20and%20sources)

Example

In October 2022, India's Ministry of Finance barred income-tax payers from joining the Atal Pension Yojana, redirecting the scheme toward low-income unorganised-sector workers; subscribers had crossed 5 crore by 2023.

Keep learning

## Go deeper than the definition

[Explore all Civil Service & Diplomatic Exams lessons](https://modeldiplomat.com/learn/civil-services)[Test yourself with a quiz](https://modeldiplomat.com/learn/glossary/quiz/civil-services)

## Take Atal Pension Yojana (APY) beyond the glossary

Ask the AI research engine built for diplomacy — get briefings, position papers, and speeches with sources you can cite in committee.