Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty    </title>
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Centre to eat up savings in case of death of subscriber and spouse

The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her..."/>
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Centre to eat up savings in case of death of subscriber and spouse

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                            <div align="justify">-The Telegraph<br /><br /><em>Centre to eat up savings in case of death of subscriber and spouse<br /></em><br />The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification.<br /><br />Contributory pension schemes usually ensure payments to dependant and unmarried children.<br /><br />However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union budget earlier this month, says: &ldquo;After death of subscriber and his or her spouse, the corpus shall be credited back to the fund.&rdquo;<br /><br />Economist Jean Dreze said that in contributory pension schemes, the subscriber&rsquo;s dependants should get back the money in case of death of the subscriber and his spouse. &ldquo;The poor subscriber contributes money by cutting his expenses. The government should not eat up that contribution in case of death of both parents,&rdquo; Dreze said.<br /><br />Subscribers to the scheme have been promised a pension of Rs 3,000 a month after they turn 60. Although the interim budget said individuals aged between 18 and 29 and earning below Rs 15,000 a month would be eligible, the notification puts the cut-off age at 40.<br /><br />Depending on the age, the monthly contribution will go up. A subscriber aged 18 needs to contribute Rs 55 a month, which goes up to Rs 100 for a 29-year-old person and touches Rs 200 for the cut-off age of 40. The monthly contributions have to be paid till the subscriber turns 60.<br /><br />The scheme is meant for individuals engaged as home-based workers, street vendors, midday meal workers, cobblers, ragpickers, rickshaw-pullers and construction workers, among others. Kindly <a href="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019" title="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019">click here</a> to access the Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019. <br /></div><div align="justify">&nbsp;</div><div align="justify">Please <a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" title="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" class="re" target="_blank">The Telegraph, 20 February, 2019, https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016</a><div class="clear"></div>
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Centre to eat up savings in case of death of subscriber and spouse

The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her..."/>
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    <h1 class="cat-box-title">Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty</h1>
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                            <div align="justify">-The Telegraph<br /><br /><em>Centre to eat up savings in case of death of subscriber and spouse<br /></em><br />The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification.<br /><br />Contributory pension schemes usually ensure payments to dependant and unmarried children.<br /><br />However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union budget earlier this month, says: &ldquo;After death of subscriber and his or her spouse, the corpus shall be credited back to the fund.&rdquo;<br /><br />Economist Jean Dreze said that in contributory pension schemes, the subscriber&rsquo;s dependants should get back the money in case of death of the subscriber and his spouse. &ldquo;The poor subscriber contributes money by cutting his expenses. The government should not eat up that contribution in case of death of both parents,&rdquo; Dreze said.<br /><br />Subscribers to the scheme have been promised a pension of Rs 3,000 a month after they turn 60. Although the interim budget said individuals aged between 18 and 29 and earning below Rs 15,000 a month would be eligible, the notification puts the cut-off age at 40.<br /><br />Depending on the age, the monthly contribution will go up. A subscriber aged 18 needs to contribute Rs 55 a month, which goes up to Rs 100 for a 29-year-old person and touches Rs 200 for the cut-off age of 40. The monthly contributions have to be paid till the subscriber turns 60.<br /><br />The scheme is meant for individuals engaged as home-based workers, street vendors, midday meal workers, cobblers, ragpickers, rickshaw-pullers and construction workers, among others. Kindly <a href="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019" title="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019">click here</a> to access the Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019. <br /></div><div align="justify">&nbsp;</div><div align="justify">Please <a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" title="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" class="re" target="_blank">The Telegraph, 20 February, 2019, https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016</a><div class="clear"></div>
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Centre to eat up savings in case of death of subscriber and spouse

The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her..." />
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    <h1 class="cat-box-title">Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty</h1>
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                            <div align="justify">-The Telegraph<br /><br /><em>Centre to eat up savings in case of death of subscriber and spouse<br /></em><br />The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification.<br /><br />Contributory pension schemes usually ensure payments to dependant and unmarried children.<br /><br />However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union budget earlier this month, says: &ldquo;After death of subscriber and his or her spouse, the corpus shall be credited back to the fund.&rdquo;<br /><br />Economist Jean Dreze said that in contributory pension schemes, the subscriber&rsquo;s dependants should get back the money in case of death of the subscriber and his spouse. &ldquo;The poor subscriber contributes money by cutting his expenses. The government should not eat up that contribution in case of death of both parents,&rdquo; Dreze said.<br /><br />Subscribers to the scheme have been promised a pension of Rs 3,000 a month after they turn 60. Although the interim budget said individuals aged between 18 and 29 and earning below Rs 15,000 a month would be eligible, the notification puts the cut-off age at 40.<br /><br />Depending on the age, the monthly contribution will go up. A subscriber aged 18 needs to contribute Rs 55 a month, which goes up to Rs 100 for a 29-year-old person and touches Rs 200 for the cut-off age of 40. The monthly contributions have to be paid till the subscriber turns 60.<br /><br />The scheme is meant for individuals engaged as home-based workers, street vendors, midday meal workers, cobblers, ragpickers, rickshaw-pullers and construction workers, among others. Kindly <a href="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019" title="https://im4change.in/siteadmin/tinymce/uploaded/Gazette notification issued by the Ministry of Labour and Employment dated 7th February 2019.pdf" title="Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019">click here</a> to access the Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019. <br /></div><div align="justify">&nbsp;</div><div align="justify">Please <a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" title="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016" class="re" target="_blank">The Telegraph, 20 February, 2019, https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016</a><div class="clear"></div>
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Home हिन्दी

Unkind cut in pension scheme: nothing for dependants -Basant Kumar Mohanty

Published on Feb 24, 2019   Modified on Feb 24, 2019

-The Telegraph Centre to eat up savings in case of death of subscriber and spouse The Centre will swallow the contribution of unorganised workers under a new pension scheme in the event of the death of the subscriber and his or her spouse, according to an official notification. Contributory pension schemes usually ensure payments to dependant and unmarried children. However, the notification for the Pradhan Mantri Shram Yogi Maan-dhan, announced in the interim Union budget earlier this month, says: “After death of subscriber and his or her spouse, the corpus shall be credited back to the fund.” Economist Jean Dreze said that in contributory pension schemes, the subscriber’s dependants should get back the money in case of death of the subscriber and his spouse. “The poor subscriber contributes money by cutting his expenses. The government should not eat up that contribution in case of death of both parents,” Dreze said. Subscribers to the scheme have been promised a pension of Rs 3,000 a month after they turn 60. Although the interim budget said individuals aged between 18 and 29 and earning below Rs 15,000 a month would be eligible, the notification puts the cut-off age at 40. Depending on the age, the monthly contribution will go up. A subscriber aged 18 needs to contribute Rs 55 a month, which goes up to Rs 100 for a 29-year-old person and touches Rs 200 for the cut-off age of 40. The monthly contributions have to be paid till the subscriber turns 60. The scheme is meant for individuals engaged as home-based workers, street vendors, midday meal workers, cobblers, ragpickers, rickshaw-pullers and construction workers, among others. Kindly click here to access the Gazette notification issued by the Ministry of Labour and Employment dated 7th February, 2019.   Please click here to read more.

The Telegraph, 20 February, 2019, https://www.telegraphindia.com/india/unkind-cut-in-pension-scheme-nothing-for-dependants/cid/1685016

Tagged with: Social Security informal economy Informal Women Workers Informal Workers Unorganized Workers Pradhan Mantri Shram Yogi Maan Dhan

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