Modi government’s big preparation, crores of temporary employees will also get pension

Modi government’s big preparation: Temporary employees will also get pension

The Modi government is now preparing to bring a pension scheme for temporary and contract employees as well. This decision can prove to be a relief for crores of workers, who were deprived of this facility till now.

Key points:

Pension for all categories of employees:
Temporary, contract, and daily wage employees will also be able to avail the pension scheme now.

Linkage with EPFO:
This scheme can be brought under EPFO, in which employee contribution will be mandatory.

Minimum pension guaranteed:
The government is likely to fix a minimum pension amount (₹3,000 to ₹5,000).

Digital platform:
The application process will be completely digital, in which linking with Aadhaar and bank account will be mandatory.

Benefit of labor card:
Workers who have e-shram card can be given priority in this scheme.

Benefits:

Social security to crores of unorganized sector employees.

Financial security in old age.

Simple pension distribution through digital tracking.

Tips for you:

Information about new pension scheme for temporary employees

Modi government’s scheme:

This new pension scheme is being brought for temporary, contract and unorganized sector employees. Its objective is to provide financial security to these employees in old age.

Key features of the scheme:

Eligibility:

Unorganized sector workers, contract employees and daily wage workers.

E-Shram card holders will get priority.

Minimum contribution:

Both the employee and the employer have to contribute.

Estimated contribution: ₹100 to ₹500 per month.

Minimum pension:

Possibility of getting monthly pension of ₹3,000 to ₹5,000.

The pension amount will be decided based on the employee’s contribution.

Application Process:

Online Portal: From EPFO ​​or Ministry of Labor website.

Aadhaar card and bank account required.

Application can also be made at CSC centers.

Documents:

Aadhaar card

Bank account details

E-Shram card (if any)

Mobile number

How to apply:

Visit EPFO ​​website or eShram portal.

Choose the pension scheme application option.

Fill in all the required details and upload documents.

Submit the application and keep the receipt number safe.

Benefits:

Financial security in old age.

Health and social security benefits.

Faster pension disbursal through digital tracking.