The LIC retirement plans are the most beneficial plans especially for those who are in private job and want a secured future after retirement. There are various retirement plans LIC has offered like pension plus, jeevan nidhi plan, jeevan akshay, jeevan dhara and jeevan suraksha plans. For the secured stability in your old age and for making you independent financially after your retirement these policies are really beneficial. The senior citizens mostly prefer these policies and those people who have plans for a secure future, and do not want to depend on anyone in the last stage of their lives. Under these policies you invest your premiums as a pension for you in future. When you take any retirement policy then the insurance company provides a pension for the policyholder by the in all amount of the sum assured and the bonuses, but as it is a company policy then you get some guaranteed additions also.