Plan 812 Pension Engine 2026

LIC Market Plus (Plan 812) Pension Calculator

Model LIC's unit-linked pension plan. Calculate retirement fund accumulation and project post-retirement annuity payouts.

Market Linked Pension: Accumulate retirement corpus with equity exposure

Flexible PPT: Choose Single premium or Regular premium payment

Annuity Conversion: Convert accumulated fund into guaranteed pension

Commutation: Commute up to 1/3rd of the corpus tax-free at vesting

Tax deductions u/s 80CCC on premiums paid

LIC Market Plus Inputs

LIC Market Plus (Plan 812) specialized calculator. Adjust your sliders to recalculate active returns.

1. Annualized Premium (₹)₹1,00,000

2. Age of Investor (Years)40 Years Old

3. Policy Coverage Term (Years)20 Years

4. Fund Option

5. Assumed Returns rate

Plan 812

Estimated Maturity Returns

₹48,13,243

Estimated returns payout at policy maturity

Actuarial Projections

Sovereign-backed security of sum assured and returns u/s 10(10D).
Eligible for annual premium tax exemptions under Section 80C.
Loan and policy surrender values accumulate continuously.

Annual Premium:₹1,00,000

Total Invested (over 20 years):₹20,00,000

Active Life Cover Sum Assured:₹10,00,000

Estimated Maturity Fund Value:₹48,13,243

Assumed Compounding IRR:8% p.a.

Returns Performance2.41x Return

Guide to LIC Market Plus Plan (Plan 812)

LIC's Market Plus (Plan 812) is a unit-linked pension plan designed to assist individuals in building a retirement fund. Policyholders invest regular premiums into selected market-linked funds, which accumulate units over time. At the vesting date (retirement), the policyholder commutes a portion of the fund value and converts the remaining balance into a regular annuity pension.

Plan Eligibility & Key Actuarial Limits

Policy parameter	Details and limits
Minimum Entry Age	18 Years (Completed)
Maximum Entry Age	70 Years
Vesting Age (Retirement)	40 to 75 Years
Minimum Premium	₹10,000 (Annualized) / ₹30,000 (Single Pay)
Policy Term Range	10 to 35 Years

Tax Benefits & Payout Options

Premiums qualify for tax deductions under Section 80CCC. Up to 1/3rd of the vesting fund value can be commuted tax-free; the remaining 2/3rds is converted to taxable annuities.

Frequently Asked Questions (FAQs)

What is fund commutation in Market Plus?

At the vesting (retirement) date, you can withdraw up to 1/3rd of the total accumulated fund value as a tax-free lump sum. The remaining 2/3rds must be used to purchase a lifetime annuity pension from LIC.

What happens if the policyholder dies before vesting?

If death occurs before the retirement date, the nominee receives the higher of the accumulated Fund Value or the premiums paid (excluding taxes), paid as a lump sum or annuity.

Is Plan 812 open for new buyers?

No, Plan 812 has been withdrawn. Existing policyholders use this calculator to estimate their vesting values and annuity rates.

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