Topic: What is the diffrence between Pension plan and PPF?

Can anybody tell me how a pension plan works? I have following question about pension plan can anybody please answer them. I have done some calculation please check the same. My age is 25 and I want my pension to be started when I will be 50.

Let’s assume that I deposit 20,000 Rs Per Annum in a PPF and the rate of interest is assumed as 6% on PPF for next 25 years (i.e. till I am 50) then the total amount at end of 25 Yrs (i.e. at my age 50) will be Rs 11, 63,128

My questions are as follows:-
1). Why should I go for pension plan instead of going to PPF? What are the benefits of pension plan over PPF investment?
2). my pension starts at the age of 50 and suppose I live till 90 (touch wood) then will the pension plan provide me pension for 40 Years (i.e. Starting from 50 till I am 90 Yrs old)?
3). Will there be life cover in pension plan or are there any pension plans with life cover?
4). can I withdraw the whole amount at 50? If yes then how much amount will I get back?
5). what is your personal suggestion shall I go for pension plan or PPF or is there any other safe way of investment which has minimum risk or no risk?

Please help me as I don’t have any one who can help me and there is no other way that I will get feedback from experts or experienced people like you.

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