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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
A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.
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.
NPS stands for ______.
Why is 'Gratuity' given by an employer to an employee?
| 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.
State any three features of Group Insurance.
Distinguish between Provident Fund and Pension.
Distinguish between social insurance and social assistance.
