Pension Scheme for Unorganized Sector

On 9th September, 2013 pension scheme for un-organised and informal sector workers was cleared by Delhi government.

A meeting of Delhi Cabinet, presided by Chief Minister Sheila Dikshit, cleared the proposal to launch Dilli Swavalamban Yojana.

The pension scheme would be open to all workers in the age group of 18-60 years. Each of the workers will have to contribute Rs 1,000 per annum and an equal amount would be given by the city government.

At the age of 60 years, a worker can withdraw 60 per cent of the total amount from his account and balance 40 per cent would remain in his account for which the beneficiary will be given pension.
Any worker will have the option of exiting the scheme before attaining the age of 60 years. In case of the death of the beneficiary, the entire corpus amount will be given to his nominee.
To avail the benefit of the scheme, a worker will have to be a resident of Delhi for at least three years at the time of enrollment in Dilli Swavalamban Yojana.
Ms. Dikshit said all those working in unorganised and informal sectors such as hawkers, artisans, construction workers, leather workers, domestic workers, cobblers, rickshaw pullers, anganwadi workers, anganwadi helper, auto drivers and taxi drivers will be able to benefit from the scheme.

Source: http://articles.economictimes.indiatimes.com/2013-09-09/news/41903508_1_pension-scheme-delhi-cabinet-ownership-rights

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: