New Delhi, July 19 -- The Pension Fund Regulatory and Development Authority's Atal Pension Yojana aims to provide pension cover for the poor, underprivileged, and unorganised sector workers. The government initiative seeks to create a universal social security system for all Indians under the broader National Pension System (NPS) umbrella.

Today we answer the most frequently asked questions about eligibility criteria, requirements, documents needed, payout amount and other top FAQs about the PFRDA-administered pension scheme.

How can I open an APY account? Approach the bank or post office branch where you have an Aadhaar-linked savings account to join APY. You can also open a new account and complete Aadhaar-KYC to gain access to the pe...