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samkapoor77LIC pension plans are introduced considering the senior citizens of our country to support you during your old age so that when you stop working and winter your retirement stage you don’t suffer financially when your income suddenly stops. Life insurance corporation of India has several plans running under the name of pension policies namely Jeevan akshay, LIC’s New Jeevan Nidhi, Varishtha Pension bima Yojana. These plans aim to secure your old age life when you need financial support at maximum. They ensure stability to all the senior citizens so that they never fall short of the fruits and needs of life and never depend on others for money.