Pension: GK, Current Affairs, Questions, Trivia and News

Andhra Pradesh launches scheme to deliver pension at beneficiaries’ doorstep

The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy had proposed the door-delivery of pension in the state under YSR Pension Kanuka scheme. The process was recently commenced in the state. The pension has also been increased to ₹2,250 from the earlier ₹1,000 and the eligibility criteria has been revised to provide pension benefit ..

India ranked 32nd at 2019 Melbourne Mercer Global Pension Index (MMGPI)

India has been ranked 32nd among 39 nations at the 2019 Melbourne Mercer Global Pension Index (MMGPI). The index is based on how they fare on providing pension and retirement benefits to citizens across different income groups. India’s index value increased largely due to the improvement in all three sub-indices of adequacy, sustainability and integrity. ..

Draft Code on Social Security, 2019

The draft code amalgamates eight laws. It includes Employees Provident Fund and maternity benefits. The code was published by the Ministry of Labor and Employment. 4 major codes The code on social security will combine 44 labor laws into 4 codes. They are wages, occupational safety, working conditions and health. Unorganized Sector According to the ..

PM Launches National Pension Scheme for Small Traders and Self Employed Persons

Prime Minister Narendra Modi launched the National Pension Scheme for Traders and Self Employed Persons with annual turnover not exceeding Rs 1.5 crore. About the Scheme It is a voluntary and contributory pension scheme for traders in the age group of 18 to 40 years The scheme provides for minimum assured pension of Rs 3,000 ..

PM Modi Launches Pradhan Mantri Kisan Maan Dhan Yojana

Prime Minister Narendra Modi launched the Pradhan Mantri Kisan Maan Dhan Yojana, a pension scheme for farmers in Jharkhand. About the Scheme The scheme is voluntary and contribution-based for farmers in the age group of 18 to 40 years. Monthly pension of Rs. 3000/- will be provided to the enrolled farmers on attaining the age ..

PM Kisan Maan Dhan Yojana

Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) is a new old-age pension scheme which was announced by the Central Government for the social welfare of all landholding Small and Marginal Farmers (SMFs) in the country. What is PM-KMY? The PM-KMY is a voluntary and contributory pension scheme which aims to tap all Small and Marginal farmers ..

Union Government starts registration for Pradhan Mantri Kisan Maan-Dhan Yojana

The Union Government has recently started registration for the Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) with an aim to improve the life of Small and Marginal Farmers of the country. This scheme for farmers has been announced in the Union Budget 2019-20. The scheme is voluntary and contributory for farmers in the entry age group ..

Indian Army to observe 2019 as ‘Year of Next of Kin’

The Indian Army has decided to commemorate 2019 as the ‘Year of Next of Kin’ and plans to reach out to the next of kin of battle casualties, ex-servicemen and serving soldiers to inform them of entitled financial benefits, welfare schemes and help resolve pension related problems. The issue gains importance in light of most ..