Sail Pension Scheme 2021, SAIL, Steel Authority of India Limited, SAIL Pension Scheme, Sail Pension Registration Process, Sail Pension:SAIL means Steel Authority of India Limited has started to provide a Pension Scheme for all of their ex-employees. Let us tell you all that the SAIL Pension Scheme has organized below the rules & regulations of the Department of Public Enterprises (Indian Government) along with the Ministry of Steel & SAIL board confirmation. As you know already, the Steel Authority of India Limited [SAIL] has become the giant steel-making company in India and one of Maharatna’s Central Public Sector Enterprises.
| Topic Name | SAIL Pension Scheme 2021: Ex-employees will get Benefit |
| Article Category | Sail Pension Scheme 2021 Sail Pension Scheme Advantages Contribution of Pension [Sail Pension Scheme] Sail Pension Scheme Online Apply Frequently Asked Questions |
| Started by | Ministry of Steel & SAIL Board |
| Official Website | Click Here |
During the Scheme launched, the pension will be given to all ex-employees of the SAIL company related to the Ministry of Steel & Sailboard in the Indian Government. Here, In this article, we will discuss everything related to the Sail Pension Scheme 2021, required documents, eligibility conditions, academic qualifications, a procedure to apply online, full job opportunity details, etc. As we know, this Pension Scheme has begun by the Steel Authority of India Limited Authorities. Here we will share all required information related to the registration process below the Sail Pension Scheme 2021. So, please read our article until the end.
Also Read: Atal Pension yojana
Sail Pension Scheme 2021
Here we will discuss the meaning of Sail Pension Scheme. As we know, Sail Concerned authorities has started a pension scheme that has been govern by the rules & regulations according to the Department of Public Enterprise of Indian Government. It works only after the confirmation of the Ministry of Steel & SAIL Board. According to this pension scheme, all ex-employees will get the pension from the concerned authorities that belongs to the Ministry of Steel & Sailboard (Indian Government).
Let us tell you all that the SAIL depends on the production of iron and steel. It is produced at five integrated plants and the three unique steel plants situated in the central and eastern areas of India. It is located near the raw materials of the domestic source. SAIL always sells and builds a wide range of steel goods. Here, In this article, we will discuss everything related to the Sail Pension Scheme, required documents, eligibility conditions, academic qualification, etc.
Sail Pension Scheme Overview
| Name of Scheme | Sail Pension Scheme |
| Main Objective | To provide pensions |
| Beneficiaries | Ex-employees |
| Started by | Ministry of Steel & SAIL Board |
| Official website | Click Here |
Sail Pension Scheme Advantages
Here we will discuss the advantages of the SAIL Pension Scheme. It has several benefits that should be included below this Pension Scheme. These are as follows:
- All Executives (that includes Management Trainees) on the company rolls on or after 01 Jan 2007 (has Board level appointed employees)
- Non-executives (including recruited trainees for the eventual job) on the company roll-on or after 01 Jan 2012.
- New applicants:
- Date of Joining
-
- after 1 Jan 2007 (all executives that include Board level Officers)
- after 1 Jan 2012 (Non-executives) that also cover the SAIL joining date.
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Also Read: LIC Varishtha Pension Bima
Direct Links
Here we will discuss the direct PDF links related to the SAIL Pension scheme. From here, every applicant needs to download the PDF file of the respective information. The direct links are as follows:
| Name of Link | Direct Link |
| Circular or Scheme | Click Here |
| Circular for Roll out of SAIL Pension Scheme | Click Here |
| List of Nodal Services | Click Here |
| Pension Form for Withdrawl | Click Here |
| Pension Plans | Click Here |
| SAIL Pension Presentation | Click Here |
| Instructions for Ex-employees | Click Here |
| Comparative Annuity Report | Click Here |
| Contact – Annuity Service Providers | Click Here |
| Official Website | Click Here |
Contribution of Pension [Sail Pension Scheme]
For All Executives: Active from 1 Jan 2007
| Total Time | Pension Contribution |
| 1 Jan 2007 to 31 Mar 2015 | 9% of Basic Pay plus DA |
| 1 Apr 2015 to 31 Mar 2018 | 3% of Basic Pay plus DA |
For Non-Executives: Active from 1 Jan 2012
| Total Time | Pension Contribution |
| 1 Jan 2012 to 31 Mar 2015 | 6% of Basic Pay plus DA |
| 1 Apr 2015 to 31 Mar 2018 | 2% of Basic Pay plus DA |
Eligibility Conditions
Here we will discuss the eligibility condition of the SAIL Pension Scheme. If you want to apply for this scheme, then you have to fulfill all eligibility conditions. Every applicant needs to check all eligibility conditions before using a particular scheme Application Form. The steps are as follows:
- For this scheme, every applicant needs to have the experience of 15 years along with the superannuation through the company.
- Medical invalidation, Death, PTD leads to service cessation, i.e., irrespective of the service time.
Required Documents
Here we will discuss all the required documents needed while applying for the Sail Pension Yojana. The required documents are as follows:
- Ex-employee or employee Death Certificate in the case of ex-employee or employee deceased.
- PAN Card
- Proof of Voluntary Contribution Deposit.
- Canceled Bank Cheque having ex-employee or nominee name printed on it.
- Ex-employee or Nominee Aadhaar Card.
Sail Pension Scheme Online Apply
Here we will explain to you all the application procedures to apply online for the Sail Pension Scheme. Every applicant who fulfills the eligibility conditions and has all required documents shall apply for this pension scheme. The steps are as follows:
- For this, visit an official website of Sail Pension Scheme, which is as follows Click Here.
- The page will look like this.
- Now, tap on the Sail Pension option, which has provided on the homepage of the website.
- The page will look like this. It is an Application Form on your computer screen.
- Now, fill in all asked information such as Personnel number of SAIL applicant, Bank Account Number, PAN Number, Email ID, Contact Number, and Aadhaar Card Number.
- Now, start to upload the applicant photograph & spouse information on the Application Form.
- Direct Link to know more about the Registration Process: Click Here.
- After that, tap on the submit option.
- Now, save this application form and print out it.
- After that, submit your application form with all important documents for the Annuity Start.
- All Beneficiaries and Members should see the company contribution information in their annuity plans, pension account, pension calculator, rates given by the ASP, Scheme or Policy, Information of Nodal Officers about the Plant or Unit, etc. with the help of the website after the PAN logging and birth date of the ex-employee concerned authorities.
- In this manner, everyone will be able to apply online for the Sail Pension Scheme 2021.
Contact Information
Here we will explain you to all the contact information of the Sail Pension Scheme; it is as follows:
- EPBAX: Ispat Bhavan: 24300100, 243 67481-86,
- Fax: 24367015 (Ispat Bhavan) or 22467458 (Scope Minar)
- EPBAX: Scope Minar: 22467360, 7418, 7420, 7412, 7413
I hope you will understand this article very well and are ready to take advantage of it. Suppose you face any problems related to the Sail Pension Scheme 2021, required documents, eligibility conditions, academic qualifications, a procedure to apply online, full job opportunity details. In that case, you may ask your queries in the given comment box.
Frequently Asked Questions
Name all essential documents that you need while applying for the SAIL Pension Scheme 2021?
The necessary documents are as follows Ex-employee or employee Death Certificate in the case of ex-employee or employee deceased, PAN Card, Proof of Voluntary Contribution Deposit, Cancelled Bank Cheque having ex-employee or nominee name printed on it, Ex-employee or Nominee Aadhaar Card.
Who started the SAIL Pension Scheme?
The SAIL (Steel Authority of India Limited) has started a Pension Scheme for all ex-employees or ex-workers. This scheme has started below the department of public enterprise (Indian Government) guidelines and the Ministry of Steel & SAIL Board approval.
What are all eligibility conditions to apply for the SAIL Pension Scheme 2021?
The eligibility conditions are as follows. For this scheme, every applicant needs to have experience of 15 years along with the superannuation through the company; medical invalidation, Death, PTD leads to the service cessation, i.e., irrespective of the service time.