After several years of hard work, everyone wants to relax. But to lead a stress-free relaxed life after the retirement, one must be away from financial worries. For that, you need to choose a best LIC Pension Plan. The Life Insurance Corporation of India has introduced some pension plans that provide dual benefits of insurance and investment. By taking LIC Retirement plan while you are earning, the invested amount in a pension plan will help you in old age after your retirement. The company will pay the pension throughout the lifetime of the policyholder.