Page-2 of Pension Current Affairs, GK & News

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. ..

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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 ..

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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 ..

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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 ..

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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 ..

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