Archive · 26 Jun 2025
LIC Launches Smart Pension Plan 2025 for Retirement Savings
LIC has a new plan called Smart Pension Plan 2025 to help people save for retirement.
It starts on February 18, 2025.
You give them a lump sum of money, and in return, you get a regular monthly income for the rest of your life.
The plan is designed for people 60 and older.
The amount of money you get each month depends on how much you invest at the start.
You can invest as little as ₹1 lakh, but more money invested means a bigger monthly payment.
It's meant to help make sure people have money coming in during their retirement.
LIC launched the Smart Pension Plan 2025 to provide monthly income for life.
The plan is non-linked, non-participating and requires a one-time lump sum investment.
Minimum investment starts from ₹1 lakh.
A ₹10 lakh investment provides about ₹6,000 monthly; ₹50 lakh yields up to ₹44,000.
Designed for individuals aged 60 and above, offering guaranteed monthly pensions.
- Who
- LIC is offering this plan for individuals aged 60 and above.
- What
- LIC launched the Smart Pension Plan 2025.
- When
- Implemented from February 18, 2025.
- Where
- Not specified.
- Why
- To provide a financial safety net and regular monthly income during retirement.
- Plan Name
- LIC Smart Pension Plan 2025
- Type
- Non-linked, non-participating annuity plan
- Minimum Investment
- ₹1 lakh
- Eligibility
- Individuals aged 60 years and above
- Monthly Pension (₹10 lakh investment)
- About ₹6,000
- Monthly Pension (₹50 lakh investment)
- Up to ₹44,000