(Registration) Sail Pension Scheme Eligibility Download Application Form PDF

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Steel Authority of India Limited is among the biggest steel-making enterprises across the country. At five integrated and three special plants, SAIL manufactures steel and iron. A huge number of employees work in SAIL, which is an essential part of this company.

A pension scheme for SAIL ex-employees has been introduced on 29th April 2019 by SAIL. Ministry of Steel and SAIL authorities approved the SAIL pension scheme. Therefore, the guidelines of this plan have been released by the Department of Public Enterprises.

Sail Pension Scheme

With the help of this post, we have shared the information concerning the Sail pension scheme, such as eligibility criteria required, superannuation scheme advantages, important testimonials required, SAIL pension scheme registration procedure, and so on. After considering this passage, aspirants can also ask queries related to this subject in the comment area. We will try our best to furnish solutions to your questions asap.

Sail Pension Scheme 2022

Authorities of Sail has launched a plan labelled as “SAIL Pension Scheme” in 2019. For this year, officials have initiated a Sail Pension Scheme Phase-2. This pension covers both executives (along with Management Trainees) on company rolls on or after 1st January 2007 and non-executives (along with eventual employment trainees selected) on company rolls on or after 1st January 2012.

To avail of the benefits of this plan, candidates have to submit the online application form. SAIL officials have also developed an official portal specifically for this scheme. Aspirants can find the Steel Authority of India Pension Scheme website link at the end of this passage.

Important Points of SAIL Pension Scheme

Name of the PlanSAIL Pension Scheme
Scheme Initiated bySteel Authority of India
Plain Launched in2019
The objective of Introducing the PlanProffering pensions to the Ex-workers of SAIL
Mode of Application Form SubmissionOnline Mode
Who are recipientsSail Ex-employees
Official Portal Linksail.co.in
Post CategoryCentral Govt. Scheme

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Sail Pension Scheme Fund Management

  • The complete Sail pension fund is maintained by a trust established only for the objective of issuing the superannuation money to all the eligible applicants.
  • According to the guidelines of the government of PFRDA, the trust should operate the pension endowments “in-house”. 

Sail Pension Scheme Eligibility Criteria

Candidates are advised to have a look at this segment before they apply for the SAIL pension plan. Only those aspirants can submit the application form for this scheme who will satisfy all the eligibility standards. In case authorities find any false information on applicants, then they will immediately reject the application of that aspirant.

  1. Aspirants who want to apply for this scheme must have at least 15 years of duty and annuity of Steel Authority of India Limited.
  2. Permanent Total Disability/ Death/ Medical cancellation heading to the discontinuance of Service – irrespective of the time period of service provided.

Steel Authority of India Pension Scheme Contribution

  • Effective From 1 Jan 2007 for SAIL Executives
Time PeriodContribution of Pension
1st January 2007 to 31st of March 20159% of Basic Pay with Dearness Allowance
1st April 2015 To 31st March 20183% of Basic Pay with Dearness Allowance
  • Effective from 1 Jan 2012 for SAIL Non-Executives
Period of TimeContribution of Pension
1st January 2012 to 31st March 20156% of Basic Pay with Dearness Allowance
1st April 2015 To 31st March 20182% of Basic Pay with Dearness Allowance

SAIL Annuity Option Details

annuity-options-info

Essential Testimonials Necessitated for Pension Plan

At the time of filling the Steel Authority of India pension scheme application form, applicants will need some necessary information to input in the form. In the up next of this post, we have given a list containing the details that aspirants have to submit.

  1. Aadhaar Card of Candidate
  2. PAN Card of Aspirant
  3. Bank Cheque in which name of applicant is imprinted and cancelled by bank.
  4. Valid Phone Number of Aspirant
  5. Active Email Id
  6. Voluntary Contribution Deposit Proof
  7. SAIL Ex-employee death certificate (if required)
  8. Current Colored passport Size photo of Aspirant

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Application procedure for Sail Pension Scheme Online?

If you are willing to apply for the sail.co.in superannuation plan then follows the significant procedure explained in the subsequent portion of the article.

  1. In the initial step, aspirants have to visit the SAIL official website in any suitable web browser.
  2. On your screen, the homepage of portal will flash.
  3. Now, click the link of “SAIL Pension” link given on the top of the home page.
  4. The above step will redirect you to the Steel Authority of India Pension Scheme portal.
  5. Now, find the registration link of that website.
  6. Hit that link and complete your registration by filing all appropriate information in order to activate the annuity.
  7. After that, print and submit the annuity application form and attach all required certificates to your Personnel or Nodal Officer.
  8. Member can see the information of contribution of the company with his/ her pension account by logging into the pension portal.

Procedure of SAIL Pension Plan Login

For login, aspirants have to implement some important steps, as it is mentioned in the upcoming segment of this article.

  1. First of all, the nominee/ candidate needs to open the official website of SAIL i.e. sail.co.in.
  2. Then, go to the SAIL pension scheme page by clicking the link named “Sail Pension”.
sail pension
  1. In a few moments, the pension page will be presented on your display.
  2. After that, aspirants have to choose the “Sail Pension Portal” button given on the screen.
pension scheme portal link
  1. Pension portal will open in a new tab on your device.
  2. Now, hit the choose the link “Employee Login” from the landing page.
employee-login-link
  1. Login page will open where aspirants have to provide their username (PAN No.) and date of birth,
Sail pension-scheme-login
  1. Click the “Sign In” tab for completing the login procedure.

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SAIL Helpdesk Information

 In case any ex-employee of SAIL or any candidates want to clear their doubts about Sail Pension Scheme, then they can refer to the contact information given below.

  • EPBAX: Scope Minar- 22467360, 7418, 7420, 7412, 74
  • EPBAX: Ispat Bhavan- 24300100, 243 67481-86,
  • Fax Information: 22467458 (Scope Minar) or 24367015 (Ispat Bhavan)

Important Links

SAIL Official Site
Sail Pension Portal
Sail Pension Scheme Guide
SAIL Scheme Phase 2 Notice

Sail Pension Plan Concerning FAQ’s

Who are the eligible applicants to avail the advantages of the Steel Authority of India Limited pension?

Aspirants who have served 15 years with the SAIL company and death, PTD, medical invalidation leads to discontinuance can apply for the pension.

Why Sail pension scheme is initiated by the Steel Authority of India Limited?

This step has been initiated for the welfare of all those workers who have invested 15 years of their lives in serving SAIL.

What documents are needed for applying for this pension scheme?

Candidates have to submit their Voluntary contribution deposit proof, PAN Card, Death certification (if needed), coloured passport size photographs

Who is responsible to manage the funds of the respective pension plan?

SAIL authorities have formed a separate trust which only manages the funds of the SAIL superannuation scheme.

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