Government schemes with monthly pension: Those working in government jobs and good private companies usually secure their retirement in the form of pension, retirement fund or any other planned investment. But this could be a real challenge for small-time businessman or people in unorganized sector with limited income. Once they retire and turn old, running day-to-day expenditure could be really difficult, especially when they have not planned their savings. This could be their worst nightmare when they need medical attention. If you are worried about your old age and want to secure it with some schemes that could give you monthly pension by investing a small amount or a lumpsum amount annually, we got you covered. There are schemes that are being availed by lakhs of people to secure their retirement. In fact, there are many government-guaranteed Pension schemes, which ensures monthly pension after you turn 60-year-old. Let's look at these 4 schemes - Atal Pension Yojana,  PM Kisan Mandhan Yojana, Pradhan Mantri Shram Yogi Maandhan Yojana, National Pension Scheme .  

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1. Atal Pension Yojana: This is a retirement pension scheme run by the government for the people of unorganized sector.  This scheme could be availed by the people in the age group of 18 to 40 years. One could open this account by visiting nearest bank or post office from their home. If you invest Rs 210 for the next 40 years, you can avail Rs 5000 monthly pension after you turn 60-year-old under this Yojana.  

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2. PM Kisan Mandhan Yojana: This scheme has been started by the government for the farmers of the country.  The Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) provides for an assured monthly pension of Rs. 3000/- to all land holding Small and Marginal Farmers (SMFs), whether male or female, on their attaining the age of 60 years. They can avail benefits of this scheme by investing as less as Rs 55. If a framer is 18-year-old, he can get a monthly pension of Rs 3,000 when he reaches 60 years of age by contributing Rs 55 per month for the next 40 years. Similarly, those who are 30-year-old will have to contribute Rs 110 towards this yojana to avail Rs 3,000 monthly pension when he reached 60 years of age. For those above 40 years, they will have to contribute Rs 200 towards PM Kisan Mandhan Yojana to take benefit of this scheme. 

3 Pradhan Mantri Shram Yogi Maandhan Yojana: It is another government scheme meant for old age protection and social security of Unorganized workers. It is a voluntary and contributory pension scheme under which the subscriber would receive a minimum assured pension of Rs 3000/- per month after attaining the age of 60 years and if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to spouse. The applicants between the age group of 18 to 40 years will have to make monthly contributions ranging between Rs 55 to Rs 200 per month till they attain the age of 60.

4 National Pension Scheme for Traders and Self Employed Persons Yojana: This is a government scheme meant for old age protection and social security of small-scale traders and retailers. The traders in the age group of 18-40 years with an annual turnover, not exceeding Rs.1.5 crore and who are not a member of EPFO/ESIC/NPS/PM-SYM or an income tax payer, can join the scheme. The applicants between the age group of 18 to 40 years will have to make monthly contributions ranging between Rs 55 to Rs 200 per month till they attain the age of 60 to take advantage of thsis scheme. It is a voluntary and contributory pension scheme under which the subscriber would receive a minimum assured pension of Rs 3000/- per month after attaining the age of 60 years.