Rajasthan Social Security Pension

The RajSSP refers to Rajasthan Social Security Pension. It is a pension scheme developed by Social Justice and Empowerment Department (SJED). The RajSSP pension is in accordance with Article 41 of the constitution of India, which empowers the state government to provide assistance to its citizens in the state of their sickness, old age, destitute, etc.

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Disclaimer: ##Rs 60,000 are the monthly pension amounts at the assumed rate of return of 8% p.a. and 4% p.a. for unit linked insurance plans. This is an illustrative example and the returns are not guaranteed & dependent on the policy term and premium term availed along with the other variable factors. The market linked return of 60K per month is for an 18 year old investing 6k per month for 20 years in a whole life policy having policy term 82 years in which Systematic partial withdrawals start at the age of 65 years at 5% rate of withdrawal per year. The investment risk in the policy is borne by the policyholder. All Plans listed here are of insurance companies’ funds. *Tax benefits and savings are subject to changes in tax laws. All Plans listed here are of insurance companies’ funds. Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

In addition, the RajSSP pension scheme is elucidated with the principle of the National Social Assistance Programme (NSAP) introduced by the government of India in 1995, which laid down the foundation of national policy to provide social assistance to low-paid or substandard-class people. 

RajSSP Pension Scheme

The RajSSP pension scheme is a monetary pension provided to a target audience by the state government of Rajasthan. The RajSSP is provided under the social security pension scheme. The motto of this scheme is to provide financial assistance to underprivileged people. The scheme will assist the widow, old age people, women, and poor citizens of the state. The beneficiaries of the RajSSP pension plan can receive the benefits of this scheme in several ways, which include the Chief Minister Special Qualified Jan Samman Pension Scheme, Chief Minister Brijjan Samman Pension Scheme, and other schemes. 

How to Apply for RajSSP Pension Scheme?

Individuals, who come under a backward economic group, widows, dwarfs, etc., are eligible to apply for the RajSSP pension scheme. Listed below are the steps one may follow in order to apply for the RajSSP scheme.

  • At first, an individual is required to visit the official website of the Rajasthan Social Security Pension Scheme or RajSSP. 

  • Right on the homepage, the individual can see the application form option. The user is required to click on the option in order to proceed ahead with the application form.

  • The application form will appear on the screen by clicking on the option, which comprises name, date of birth, husband's name, father's name, address, gender, Aadhaar card details, mobile number, etc.

  • The individual is required to fill out the application form and click on the submit option. 

  • The user may also consider downloading the RajSSP application form PDF for future usage.

  • The user may also check the status of the RajSSP application form.

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Eligibility Criteria for the Rajasthan Security pension Scheme

An individual needs to satisfy the following eligibility criteria in order to become a beneficiary and apply for the Rajasthan security pension scheme.

  • An individual must be a citizen of Rajasthan. In order to substantiate this criterion, the individual must possess a Voter ID, Aadhaar card, and other documents proving he is a resident of Rajasthan.

  • The income of the family should be INR 48,000 or less.

  • Women or men above the age of 60 years may also apply for this scheme.

  • A person above 18 years of age with an 80 percent disability also meets the eligibility criteria to apply for this scheme.

  • In addition, an individual's annual income should be INR 60,000 or less for State Disability Pension Scheme. 

  • Under National Pension Scheme, the individuals who wish to be part of the RajSSP pension scheme must come below the poverty line.

RajSSP Pension Status

Upon applying for the RajSSP pension scheme, one may check the status of the application by visiting the official website of Rajasthan social security pension.

  • An individual needs to click on the homepage and proceed with clicking on the Report option. 

  • Upon clicking on the report option, the individual will be landed on another page where he may see the option to check the Pensioner Online Status.

  • Upon clicking on the option, the user is required to fill in the details such as application number, captcha, and language, and lastly, click on the show status option.

  • Now, the user may see the pension status on his computer screen.

How to Apply for RajSSP Pension Scheme Offline?

An individual may also apply for the pension scheme offline. In order to do so, he may follow the steps listed below.

  • At first, the individual is required to visit the office of the Block Development Officer or Sub Divisional Officer. 

  • At the office of the authority, he may receive the application, which is required to be filled out.

  • Upon filling out the application, he is required to send it to Tehsildar or Naib Tehsildar, who will review the application and check the documents attached to the application for approval.

  • Later, if the Tehsildar or Sanction Authority approves the application, it will be sent to Disposal Authority for further approval.

Conclusion

The pieces of information mentioned above help to apply for the RajSSP pension scheme. It is one of the best retirement schemes that can help an individual meet his essential financial requirement. Hence an individual falling below the poverty line or any of the criteria mentioned above must apply for the social security scheme. One may apply online as well as offline.

FAQ's

  • How can I raise grievances on the RajSSP portal?

    An individual may raise a grievance on the RajSSP portal by following the listed steps.
    • The user should visit the RajSSP portal and click on the menu options.
    • The user may see the pensioner complaint option, which is required to be clicked to move further.
    • Now, the user needs to fill in the application number, his name, and the query he wishes to raise.
    • Once he has filled in all the necessary details, he may click on the save button and report his grievances through the portal.
    • On the basis of the seriousness and severity of the complaint, the concerned authority will reach out to the user as soon as possible in order to address his query. 
  • How much pension aid is an individual entitled to receive from the government?

    The amount of pension aid varies on the age of the person. Listed below is the amount an individual is entitled to receive from the state government.
    • A beneficiary under 18-54 is entitled to receive INR 500.
    • A beneficiary falling under the age category of 55-59 years can receive INR 750.
    • An individual under 60-74 years of age can receive INR 1,000.
    • Beneficiaries over 75 years are entitled to receive INR 1,500.
  • What is the total number of pensioners covered under the RajSSP scheme?

    As per the official website of RajSSP, the total number of pensioners stands at 93,40,180.
  • How many farmers are included under the social security pension scheme?

    2,49,761 farmers are included under the social security pension scheme.
  • What documents do I need to apply for social security pension schemes?

    One should have the following documents to proceed with the social security pension scheme.
    • Aadhaar card
    • Bank account statement
    • Mobile number
    • Passport size two photograph
    • Ration card number
    • Voter ID card

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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