36 – Payment of Pension to Government Pensioners

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What is the minimum age of entry in Pradhan Mantri Vaya Vandana Yojana?

45 Years

50 Years

55 Years

60 Years

Which pension plan provides benefits of pension by employer of organization?

discretionary plan

non-contributory plan

contributory plan

Non-discretionary plan

In pension plans for employees, special account through which funds are remained nontaxable until employee retires is classified as?

Keogh retirement account

vesting account

portability account

individual retirement account

What minimum pension will be given to every labourer as announced in the Union Budget 2019-20?

Rs 5,000 per year

Rs 1,000 per year

Rs 1,000 per month

Rs 500 per month

The employees pension plan in which the employees contribute a portion of earning into the fund is classified as?

cash balance plans

early retirement window

deferred profit sharing plan

savings and thrift plan

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