Why in the News? 

The Jan Suraksha Schemes — PM Jeevan Jyoti Bima Yojana (PMJJBY), PM Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY) — have completed 10 years of providing vital social security benefits to millions of Indians.  

Key Details of the Jan Suraksha Schemes: 

1. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

• Objective: Provides life insurance cover for death due to any cause, offering Rs. 2 lakhs to the beneficiary's family in the event of the policyholder's death. 
• Eligibility: Available to individual bank/post office account holders aged 18-50 years. 
• Premium: Rs. 436 annually (about Rs. 1.19/day). 

2. Pradhan Mantri Suraksha Bima Yojana (PMSBY)

• Objective: Offers accidental death and disability cover. Provides Rs. 2 lakhs for accidental death and Rs. 1 lakh for partial disability. 
• Eligibility: Available for bank/post office account holders aged 18-70 years. 
• Premium: Rs. 20 annually (less than Rs. 2/month). 

3. Atal Pension Yojana (APY)

• Objective: Provides a pension to individuals, especially from the unorganised sector, who lack access to formal pension schemes. Subscribers receive a guaranteed monthly pension from Rs. 1,000 to Rs. 5,000 upon turning 60. 
• Eligibility: Open to 18-40-year-old non-taxpayers with no formal pension plan. 
• Premium & Contribution: Flexible contribution based on the desired pension amount.