821 sportspersons are getting lifelong pension, says Sports Minister
New Delhi
02-December-2021

PHOTO: IANS
Union Sports Minister Anurag Thakur on Thursday said that his ministry is providing assistance for livelihood to 821 sportspersons after their retirement in the form of monthly pension under the scheme of 'Sports Fund for Pension to Meritorious Sportspersons'.
He said that the pension payments are made through the Life Insurance Corporation (LIC) of India, for which "Ministry purchases annuities for individual pensioners by making one-time lump sum payment to LIC".
"At present, 821 sportspersons are getting lifelong pension under the scheme," he added. -IANS
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