Ageing is an development issue. Healthy older persons are resource for their families, their communities and economy. Therefore integrated effort required to support older persons.
Varistha Pension Bima Yojana (VPBY)
- scheme revived for a limited period from 15th August 2014 to 14th August 2015.
- for people older than 60 years,
- to benefit vulnerable section of society with limited resources.
- provide monthly pension from Rs. 500 to Rs. 5000 per month.
- pension on fixed basis either on yearly or monthly basis.
- scheme operated by LIC.
- loan can be availed after 3 year from the date of commencement. (75% of subscribed amount).
- Payment through ECS or NEFT.
- scheme revived for a limited period from 15th August 2014 to 14th August 2015.
- for people older than 60 years,
- to benefit vulnerable section of society with limited resources.
- provide monthly pension from Rs. 500 to Rs. 5000 per month.
- pension on fixed basis either on yearly or monthly basis.
- scheme operated by LIC.
- loan can be availed after 3 year from the date of commencement. (75% of subscribed amount).
- Payment through ECS or NEFT.
National Policy on Older Persons (NPOP), 1999
- covers all concerns pertaining to the welfare of older persons and recognizes a person aged 60 years and above as senior citizen.
National Council for Older Person (NCOP), 1999
- formed to oversee implementation of NPOP.
Maintenance and Welfare of Parents and Senior Citizen Act, 2007
- ensure need based maintenance for parents and senior citizens and their welfare.
- maintenance of Parents/senior citizens by children/ relatives made obligatory and justicable through Tribunals.
- Revocation of transfer of property by senior citizens in case of negligence by relatives.
- penal provisions in case of violation.
- establishment of Old Age Homes for indigent senior citizens; Adequate medical facilities and security for Senior Citizens.
Integrated Programme for Older Persons (IPOP), 1992
- improving the quality of life of senior citizens by providing basic amenities like shelter, food, medical care and entertainment opportunities and by encouraging productive and active ageing.
National Programme for the Health Care of Elderly (NPHCE)
- address health related issues of elderly.
- Geriatric centres and dedicated healthcare facilities.
Indira Gandhi National Old Age Pension Scheme
- pension for old persons.
Other Benefits
- tax benefits: low tax slab.
- discounted price in in rail, airline reservations.
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