The Pension Fund Regulatory and Development Authority (PFRDA) has suggested linking pension with life insurance to encourage more people to consider join the pension network. The proposal comes as part of the concept paper floated by the authority proposing auto-enrollment under the Atal Pension Yojana (APY). \u201cPension is a long term engagement and keeping in view the income profile of the targeted group (for auto enrollment), it is proposed to use insurance and health coverage as an incentive for long term engagement. Insurance components like insurance coverage of health and life may be bundled with APY to take care of health and life contingencies of the members,\u201d the paper has said. The auto enrollment plan would include employers, organisations, departments employing or engaging any person whether formally or informally will be asked to automatically enroll them into Atal Pension Yojana if the meet the criteria to be laid down. The pension regulator has suggested that Rashtriya Swastha Bima Yojana (RSBY), which was specially launched for the unorganised workers falling under BPL category and later extended to other categories of workers like building and other construction workers registered with the Welfare Boards, Licensed Railway Porters, Street Vendors, MNREGA workers among other, can be extended to the members who will auto enroll under APY scheme for a monthly pension of Rs 1000 so that the health insurance benefit is restricted to the poorer section of society. The beneficiaries under RSBY are entitled to hospitalisation coverage up to Rs 30,000 per annum on family floater basis, for most of the diseases that require hospitalisation. The benefit will be available under the defined diseases in the package list. The government has framed indicative package rates for the hospitals for a large number of interventions. Pre-existing conditions are covered from day one and there is no age limit. The coverage extends to maximum five members of the family which includes the head of household, spouse and up to three dependents. The premium of Rs 12 per annum is paid for the insurance from their saving account.