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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
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.
Social security implies measures to protect workers against distress caused by ______.
What is a Provident Fund Scheme?
What do you mean by group life insurance?
Distinguish between gratuity and provident fund.
Explain any two social security measures adopted in India.
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 Provident Fund and Pension.
