It is like booby trap. Dont invest in any pesnion plan. I am in the trap and no way to get out. They pay you 3.5 to 4.5% interest and you have to be with it for life. Keep your money in post office monthly income scheme wchich gives 8% per anum. Any one already into the trap stop paying further premiums and put your money in other schemes. As per pensions plans you have to buy ANNUITY atleast for 2/3 of matured amount which gives returns of 3.5 to 4.5% for life and you have to be withit. They return the corpus after seeing your end.
