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New Pension Scheme for Workers without benefit of Formal Pension.
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....ew Pension Scheme for Workers without benefit of Formal Pension. <br>News and Press Release<br>Dated:- 6-9-2012<br><BR>Press Information Bureau Government of India Ministry of Finance 06-September-....
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....2012 17:35 IST New Pension Scheme for Workers without benefit of Formal Pension There are 6.92 crores members under Employees' Pension Scheme, 1995 as on 31.03.2012. However, to ensure the welfare o....
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....f the workers who are not benefited by any formal pension scheme, the Government has announced a co-contributory pension scheme the 'Swalalamban' whereby the Central Government would contribute a sum ....
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....of Rs.1,000 per annum in each New Pension System (NPS) account opened having a savings of Rs.1,000 - Rs.12,000 per annum. The Scheme commenced in 2010-11. The Government will provide contribution for ....
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....5 years to the beneficiaries who register in the year 2010-11, 2011-12 and 2012-13 and therefore, the scheme has been extended up to the year 2016-17. A total of 3,01,920 subscribers during 2010-11, ....
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....6,43,980 subscribers during 2011-12 and 90,061 subscribers till 30th August, 2012 in the current Financial Year have been enrolled under the Scheme. This information was given by the Minister of Stat....
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....e for Finance, Shri Namo Narain Meena in written reply to a question in Rajya Sabha today. ***** DSM/RS/Hb<BR> News - Press release - PIB....