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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
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NPS stands for ______.
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Distinguish between gratuity and provident fund.
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Explain any two social security measures adopted in India.
| 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
