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प्रश्न
Briefly explain the term Pension?
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उत्तर
A pension means providing long-term, recurring financial assistance to the employee after retirement and to his family in case of premature death while in service.
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संबंधित प्रश्न
When the Principal of a school retires, the vice - principal is given her place. Identify which of the following will be true in this context.
- The vice-principal is being transferred
- The vice-principal will be getting a higher salary
- The vice-principal is getting promoted
- The vice-principal will be getting the same salary but her designation will change
The National Pension Scheme seeks to provide old-age security to the citizens.
Amount of ______ is paid once in lump sum whereas ______ is paid every month.
Mention any two ways by which employees get social security.
Mention any two advantages of group life insurance to employees.
Explain any two social security measures adopted in India.
Explain the benefits provided by employers to employees under the Employees State Insurance Act.
Explain the benefits provided by employers to employees under the Maternity Benefit Act.
| Mr. Khanna, a manager in a public limited company, is turning sixty years of age and is about to retire from the organisation after a long and dedicated service. |
In this context answer the following:
- Name any two Acts pertaining to Mr. Khanna's retirement.
- Discuss the reasons why these two Acts need to be effected in organisations.
Distinguish between social insurance and social assistance
