What are the types of pension offered monthly in India?
Published on: May 2017
- Widows' pension for death while in service.
- Pension uppon superannuation or disability.
- Orphan's pension.
- Children's pension.
It should be noted that there are different pension funds for seamen, civil servants, employees in tea plantations in the state of Assam, and workers employed in coal mines.
Content linked with this Q&A
-
Payroll Processing and Compliance in India
In this issue of India Briefing Magazine, we discuss payroll processing and reporting in India, and the various regulations and tax norms that impact salary and wage computation. Further, we explain India’s complex social security system and gratuity law, and how it applies to companies. Finally, we describe the importance of IT infrastructure, compliance, and confidentiality when processing payroll in India.