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CPI announces assured pension of Rs 9k per month

Friday, March 29, 2019, 5:52 PM

The CPI Friday announced that it would give a minimum pension of Rs 9,000 per month, grant full statehood to Delhi and Puducherry and a one-time comprehensive loan waiver for farmers as part of its manifesto for the Lok Sabha polls. The Communist Party of India (CPI) also proposed a law for agricultural workers and a separate budget for agriculture.
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Govt approves pension option for over 42,000 employees of PSU insurers

Sunday, March 3, 2019, 7:12 AM

In a big bonanza to over 42,000 employees of public sector insurance companies, the government on March 2 decided to give one more pension option as retirement benefit to these left over officers and staff who missed the opportunity in the past. This benefit is applicable to those who have joined any of Public Sector Insurance Companies (PSICs) on or before June 28, 1995.
 
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Informal sector workers can join PMSYM pension scheme from Feb 15

Saturday, February 9, 2019, 5:34 PM

All unorganized sector workers up to 40 years of age can subscribe to the Pradhan Mantri Shram Yogi Maandhan (PMSYM) scheme, which entails a minimum monthly pension of Rs.3,000, from February 15, a Labour Ministry notification said. The scheme, announced by Finance Minister Piyush Goyal in the Budget for 2019-20, is targeted at unorganized sector workers with a monthly income of up to Rs.15,000.

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