National Pension Scheme for Traders and Self-Employed Persons
September 14 , 2019 1817 days 986 0
Prime Minister Narendra Modi launched the National Pension Scheme for Traders and Self-Employed Persons.
This is a voluntary and contributory pension scheme for the shopkeepers/retail traders and self-employed persons with annual turnover not exceeding Rs 1.5 crore.
It is a scheme for entry age of 18 to 40 years with a provision for minimum assured pension of Rs 3,000/- monthly on attaining the age of 60 years.
The Union Government shall give 50 % share of the monthly contribution and remaining 50% contribution shall be made by the beneficiary.