Retirement planning and financial security
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RETIREMENT PLANNING Income For Tomorrow
LIC PENSION
PENSION & RETIREMENT PLANS

Build Tomorrow's Peace of Mind.

LIC's pension and annuity plans are designed to help create a steady source of income for your retirement. From deferred pension solutions to immediate annuities, LIC offers options designed around different retirement and income needs.

01

Regular Retirement Income

Annuity plans can provide regular pension payments throughout the lifetime of the annuitant, subject to the selected option.

02

Immediate Annuity

With immediate annuity solutions, pension payments can begin soon after purchase, depending on the selected plan and option.

03

Multiple Annuity Options

Choose from different annuity structures, including single-life and joint-life options, based on your retirement requirements.

04

Retirement Security

Plan for a dependable retirement income stream and create greater financial confidence for your post-retirement years.

21 SMART PENSION
ANNUITY OPTIONS*
2 IMMEDIATE ANNUITY
PLANS FOR NPS*
5 CURRENT PENSION
PRODUCTS
Explore Pension Plans ↗
LIC PENSION PORTFOLIO Retirement solutions for different stages of life
01
Smart Pension Plan No. 879
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02
Jeevan Akshay-VII Plan No. 857
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03
New Jeevan Shanti Plan No. 758
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04
Saral Pension Plan No. 862
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05
New Pension Plus Plan No. 867
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Plan your retirement with confidence
Choose a pension or annuity solution according to your retirement income requirements and applicable plan conditions.
LIC Plans

Plans built for every chapter of life

A quick look at LIC's most trusted policies — swipe through, then talk it over with your advisor.

Endowment

Jeevan Anand

Whole-life protection plus a guaranteed maturity payout — cover that continues even after premiums end.

Limited Pay

Jeevan Labh

Pay premiums for a shorter span, stay insured for longer, with a lump sum at maturity.

Term

Tech Term

Pure protection at a low premium — a straightforward payout for your family if life is cut short.

Pension

New Jeevan Shanti

Turn savings into a guaranteed income stream, payable for as long as you live.

Money-Back

New Money Back Plan

Regular payouts through the policy term, with life cover running throughout.

Whole Life

Jeevan Umang

Yearly income for life once premiums end, plus a life cover payout for your family.

Illustrative overview only — benefits, terms and eligibility vary by plan. Confirm exact figures with your LIC advisor.

Talk to an advisor →

Address

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