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प्रश्न
Briefly explain the term Pension?
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
A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.
Social security implies measures to protect workers against distress caused by ______.
Distinguish between gratuity and provident fund.
Mention any two ways by which employees get social security.
Mention any two advantages of group life insurance to employees and employers.
Explain the benefits provided by employers to employees under the Employees State Insurance Act.
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.
State any three features of Group Insurance.
Distinguish between social insurance and social assistance
