The first part of the article focuses on the description of the environment in which a potential micropension scheme can be created. This includes some considerations regarding the drawbacks of the New Pension Scheme and existing trends in the informal sector workers in India. The authors then proceed with the general outline of the Micropension scheme and shortly review some of the existing partnership models of the MFIs and finacial institutions for the purpose of creating a scheme. 

The paper concludes with the case study of the project held by ASA - Activists for Social Alternatives Trichirapalli. This case study includes a market research analysis, or a questionaire, held by the MFI among the potential pension scheme subscribers. The questions refer to the size and frequency of payments, length of the scheme etc. Based on the preference analysis the researcher has developed four plans based on the duration of premium payment. For different age groups the length of the scheme varies from 5 to 20 years, and the features are modifies accordingly. Then the Net Return Rate and Net Present Value parameters are calculated, reflecting the initial costs and financial viability of the project. These parameters together with the default ratio demonstrate that Micropensions project is an opportunity which can be implemented in reality.