LIC Pension Plans
Secure your retirement. Invest now, get a guaranteed income every month/year after retirement. Peace of mind for your golden years.
Plan 867high risk
New Pension Plus
Unit-linked pension plan for building retirement corpus
Unit-linked pension, market-linked growth
Multiple fund options
Flexible vesting age
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Plan 857low risk
Jeevan Akshay VII
Immediate annuity, start receiving pension right away
10 different annuity options to choose from
Start receiving pension immediately after purchase
Joint life option for you and spouse
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Plan 758low risk
New Jeevan Shanti
Guaranteed pension for a peaceful retirement
Single premium deferred annuity. One-time investment for future pension
Annuity rates locked for life at the time of purchase. immunised against falling interest rates
Enhanced cover during deferment. unpaid annuities accumulate monthly to the purchase price
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Plan 862low risk
Saral Pension
IRDAI mandated simple pension plan, straightforward retirement income
IRDAI standardized, same features across all insurers
Simple, no-frills pension plan
Very low minimum purchase price
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Plan 879low risk
Smart Pension
Modern immediate annuity with flexible payout options
21 annuity options: 14 single life and 7 joint life
Increasing annuity options at 3% or 6% simple per year
Entry up to age 100 under the return of purchase price option (other options cap at 65 to 85)
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