Many Indian Men and Women are going abroad now days, for betterment. As we know India is a poor country and most of the people belong to lower-middle class community. They are equipped with many financial problems related to lower income, insufficient money to pursue studies, struggling for basic needs. So for having better income people go to different countries. Also people move to one States to the Other for Job purposes. And when they come back to their motherland they are having so less savings to live their lives effortlessly. So for people belong to this particular category, the Government of Kerala has announced Kerala Pravasi Pension Scheme, only for the Keralites who lives outside the State or who have returned to Kerala from the outside of India.

Benefits of Kerala Pravasi Pension Scheme

The Kerala Pravasi Pension Scheme offers a range of benefits to non-resident Keralites, ensuring their financial security and acknowledging their significant role in the state’s growth. The process is straightforward:

• Eligibility Check: Non-resident Keralites can verify their eligibility for the scheme.
• Online Registration: Applicants can register easily through the user-friendly online portal.
• Monthly Pension: Eligible individuals receive a monthly pension of ₹5000, ensuring a steady income source.
• Financial Support: The pension scheme offers vital financial assistance to help cover various expenses.
• Global Accessibility: The online registration process allows beneficiaries to access benefits from anywhere worldwide.
• Recognition of Contributions: The scheme acknowledges the valuable contributions of non-resident Keralites to the state’s progress.
• Welfare Focus: The initiative underscores the government’s commitment to the well-being of its diaspora community.
• Stronger Ties: The scheme fosters a sense of connection and appreciation, strengthening the bond between the state and its pravasi population.

In sum, the Kerala Pravasi Pension Scheme serves as a testament to Kerala’s progressive approach in supporting its non-resident citizens while recognizing their immense contributions.

Kerala Pravasi Pension Scheme

The Kerala Pravasi Pension Scheme stands as a remarkable testament to the state’s dedication to its non-resident citizens. This pioneering initiative provides a monthly pension of ₹5000 to eligible Keralites living abroad, ensuring their financial security. By launching an online registration system, the state has simplified the process, allowing applicants to easily access the benefits from anywhere in the world. This visionary scheme showcases Kerala’s commitment to its diaspora, acknowledging their significant contributions and forging stronger connections. It not only offers economic support but also reinforces a sense of belonging, fostering a unique bond between the state and its pravasi population.

Pravasi Welfare Pension Scheme Kerala 2020 Rs 5000 Pravasi Dividend Pension

Under this Scheme, the non Resident Keralites (Abroad-Form 1A) who have remitted their contributions to the Welfare Fund consistently till the age of 60, will get monthly Rs 2,000/- as Pension after they reach the age of 60. Likewise, the Keralites who have returned back from Abroad (Form-B) and started living permanently in Kerala and have remitted their contributions consistently till the age of 60 will also get 2,000/-Rs monthly Pension after the age of 60.

If any member of the Welfare Fund (abroad-Form 1A) passes away because of any kind of disease or accident, then any of the dependent member ( wife/ husband, minor children. Unmarried daughter, widowed daughter, mother, father, sister, brother or any legal heirs) can get maximum financial support of 50,000/- Rs.

And if a member of NRK (Form-1B) passed away or deceases, then any of his/her family member (wife, children below 20, insane children, major unmarried daughter, dependent mother, dependent father) will be eligible to get financial support of maximum 30,000/- Rs.

What is the Kerala Pravasi Pension Scheme?

The Kerala Pravasi Pension Scheme is a progressive initiative by the Kerala state government to provide financial support to non-resident Keralites. This scheme offers a monthly pension of ₹5000 to eligible individuals living abroad, recognizing their contributions to the state’s economy and development. The scheme’s user-friendly online registration process makes it convenient for applicants to access the benefits from anywhere in the world. By addressing the welfare of its diaspora, Kerala showcases its commitment to the well-being of its non-resident citizens, fostering a strong sense of connection and appreciation.

Kerala Pravasi Pension Welfare Scheme 5000 Eligibility Criteria

If a member of NRK got affected with any serious disease then he/she will be eligible to get financial support maximum Rs 50,000/- during their membership period. But in case they have got financial support for the same claim from any central or state govt agencies like Norka, Roots, Local self Department etc then the welfare fund will not provide any kind of financial assistance under the Scheme.

• This scheme is only for the non-resident Keralites.
• Candidates will get monthly pension only after the completion of the tenure or work outside the state.
• Candidates under State or Central Government Pension cannot apply for the  Kerala Pravasi Pension Scheme.

The Welfare Fund under the Kerala Pravasi Scheme is liable to provide sufficient financial assistance to its members for accidental death and for medical treatment, with the cooperation of Nationalized Insurance Companies. But for the implementation of the same it must be sanctioned by the Government.

Pravasi Marriage Assistant Scheme

Keralites who are a member of NRK and have contributed consistently to the Fund for Minimum 3 years they will be eligible to receive Financial Assistance of Rs 10,000/- for marriage purposes of his/her 2 daughters. But there are some conditions applicable.

• The financial support for the marriage purpose can only be get for maximum 2 times means for 2 daughters.
• If other members of the same family are a member of NRK Fund, then only one member of the family can claim for that financial assistance.

How to Make Kerala Pravasi Registration Online @ pravasiwelfarefund.org

The Kerala Pravasi Pension Scheme offers a crucial safety net for non-resident Keralites. The scheme’s online Kerala Pravasi Pension Scheme 5000 Online Registration, a simple process, enables eligible individuals to access a monthly pension of ₹5000. This innovative initiative reflects the state’s commitment to the well-being of its diaspora. The online application process, streamlined for convenience, ensures that beneficiaries can easily secure financial support, highlighting Kerala’s progressive approach in caring for its pravasi population.

• First visit the official site pravasiwelfarefund.org.
• Then select Kerala Pravasi Pension Scheme 5000 Online Registration from the list. 
• Enter all the asked details including the details of the nominee.
• Upload scanned photo and signature of the applicant in the specific field in the prescribed format. 
• Then Click on the submit button
• Complete The Kerala Pravasi Pension Scheme 5000 Online Registration process by paying Rs.200, applicable for both online and offline mode of application.
• The method of offline form fill up has been described through the images above.

Official Website to Apply Online for Kerala Pravasi Registration Scheme Online – Click Here.

Other Important links:

• Benefits of Kerala Pravasi Welfare Pension Scheme – Click Here.

SOUTH INDIAN BANK Pay-in-Slip/Chalan

 CANARA BANK Pay-in-Slip/Chalan

INDIAN BANK       Pay-in-Slip/Chalan

IDBI Bank Pay-in-Slip/Chalan

CATHOLIC SYRIYAN BANK       Pay-in-Slip/Chalan

STATE BANK OF INDIA   Pay-in-Slip/Chalan

BANK OF BARODA   Pay-in-Slip/Chalan

INDIAN OVERSEAS BANK  Pay-in-Slip/Chalan

OTHER BENIFITS FORMS

•  PENSIONER’S LIFE CERTIFICATE FORM (ENGLISH )
• PENSIONER’S LIFE CERTIFICATE FORM (MALAYALAM)

• Application form of Death Assistance & instruction

FAQs on Kerala Pravasi Pension Scheme

What is the Kerala Pravasi Pension Scheme?

The Kerala Pravasi Pension Scheme is a social welfare initiative by the Government of Kerala, India, aimed at providing financial support to non-resident Keralites (Keralites living outside Kerala and India) during their retirement years.

Is the pension amount fixed or variable?

The pension amount may vary based on factors like the number of years the individual has worked abroad, their age, and the specific rules and regulations of the scheme. It’s best to refer to the official guidelines for accurate information.

What benefits does the scheme provide?

The Kerala Pravasi Pension Scheme provides a monthly pension to eligible individuals. The pension amount may differ based on factors like years of work abroad, age of the applicant, and other considerations set by the government.

What are the criteria for eligibility?

The eligibility criteria may vary based on the guidelines set by the government. Generally, the applicant should be of Kerala origin, have worked a minimum number of years abroad, and meet certain income criteria.

 The city is home to over 20,000 government employees (Central Government Employees) is a good news for. UT Administrator Banwarilal Purohit has notified the Central Service Rules applicable in Chandigarh.

According to the information, after the issue of this notification, the retirement age (Central Government Employees Retirement Age) will now be 60 years. Teachers will get traveling allowance, up to about Rs 4000 per month, with pay-scale and DA center employees. Schools will now have the post of Deputy Principal, appointment will be done on the basis of seniority. Women employees will get two years leave for child care. Parents of two children till class-12 will get education allowance.

This notification will also change the pay scale and service conditions of UT employees. The notification specifies the pay tables for the various grades prepared. As the Ministry of Home Affairs had notified the Chandigarh Employees (Conditions of Service) Rules, 2022 on March 29 last year and the Punjab Service Rules were replaced with the Central Service Rules with effect from April 1, 2022, according to the notification the employees would be entitled to arrears.

Also Read: 

• LIC Online Premium Payment.
• 10 Reasons Why Online Car Insurance is the Best Option
• 10 reasons to reject your life insurance claim

Will also get Not only this, with the adoption of Central Service Rules, the retirement age has also been increased from 58 years to 60 years from 2022.

With the coming into force of the Central Service Rules, the pay scales of the employees will be in line with the Central Government Rules, which at present were in line with the respective categories of Punjab Government employees. Now these will be similar to the conditions of service of persons appointed to related services and posts in the Central Civil Services of the President and will be governed by the same rules and orders.

These rules will not apply to members of All India Services working in the affairs of the Union Territory of Chandigarh, employees of the Punjab and Haryana High Court, persons not in full time employment of UT Chandigarh, persons paid from contingencies

. Electrical Wing of Engineering Department whose pay scale is currently governed by the Punjab State Power Corporation Limited Regulations, 2021. It was informed that a separate notification will be issued in respect of Electrical Wing of Engineering Department, Chandigarh.

Significantly, about 14 days after the formation of the AAP government in Punjab, Home Minister Amit Shah had announced the implementation of the Central Service Rule in Chandigarh by the central government. Although it was strongly opposed in Punjab. In the Lok Sabha, many MPs from Punjab had demanded not to issue the notification.

 Formula for Gratuity in 2023: If you have worked for a firm for a specific amount of time, you are eligible to get gratuity. When most employees switch jobs, they anticipate receiving a gratuity from the employer.

It is crucial for us to understand the requirements the government has established for receiving gratuity. How the amount of the gratuity is determined and how long you must work before receiving a gratuity. Essentially, the gratuity is the payment made by the employer to the employee. The payment of the gratuity will be guaranteed to the employee if he or she complies with specific employment requirements using a predetermined formula.

When do you receive a tip?

The majority of the gratuity is supplied by the employer, with a little portion being taken from the employee’s wage. The present law states that a worker is eligible for gratuity after working for a firm for at least five years. That is, you will receive a gratuity if you quit the firm after five years.

Health insurance for Qatar visitors mandatory from February.

LIC Super Policy For Women! This plan of LIC is the best for women, get 8 lakhs every day at just Rs 58.

The Payment of Gratuity Act, 1972 states that any employee of a firm with at least 10 workers who work each day of the year is eligible for its benefit. If an employee follows the guidelines for gratuity but switches employment, retires, or quits their job for whatever reason, they are still entitled to the gratuity. On the other hand, if a business or organization is exempt from the provisions of the Gratuity Act, it is still permitted to offer its staff the advantage of gratuities.

If an employee works for more than six months, his calculation will be made as if he worked for one year, in accordance with the gratuity formula. For instance, if an employee works for 7 years and 8 months, that will be counted as 8 years, and the gratuity will be calculated accordingly. Therefore, if he works for 7 years and 3 months, just 7 years will be taken into account.

How is the Gratuity Amount Calculated? (Gratuity Formula 2023)

To determine gratuity, a predetermined formula is used. (Last salary) x (15/26) x Equals total gratuity amount (number of years worked in the company). Let’s say a worker spent 20 years at the same employer. The employee’s total compensation is Rs. 75000 (base pay plus dearness allowance), and he would receive a gratuity of around Rs. 8.65 lakh ((75000) x (15/26) x 20 = Rs. 865385). Just 26 days are included in each month’s computation of gratuities because it is assumed that there are 4 days off. Whereas gratuity is based on a calendar year of 15 days.

Pension Scheme

Now the Income Tax Department will ask for 13 more information, the return form has changed, see immediately.

Dividend giving stocks! PPF, EPF, FD all filling water, gave 20% return in FY23.

 Pension For Senior Citizens: The elderly have good news. The nation’s budget will be presented in a matter of days, and this time, the government will be able to cheer up the elderly.

The Central Government is getting ready to offer some aid to all groups, including the underprivileged, women, farmers, and senior citizens. This time, it’s possible that the senior population’s pension program will expand. Additionally, these individuals may benefit from income tax exemption.

Before the general budget, you can expect three sizable gifts. Non-governmental organizations (NGOs) have suggested actions to be taken to improve the country’s older population. These include raising the old age pension, providing additional income tax breaks, and exempting things used often by seniors from the GST.

Agewell Foundation’s requirements

According to the NGO Agewell Foundation, the budget should include favorable provisions due to the widening generational difference and changes in older people’s lifestyles brought on by longer lifespans. According to a statement from the Foundation, it’s important to interact with plenty of retired individuals in order to keep them always engaged.

Pensions ought to be updated

The Foundation has urged the Ministry of Finance and other interested parties to take its advice and proposals into account when deciding on the next budget. According to the statement, the old age pension should be updated to reflect the current rate of inflation.

Increase in pension of Rs. 3000 per month

According to the declaration, the current monthly old age pension contribution from the central government should be enhanced to Rs 3,000 for each senior citizen who qualifies. Additionally, the State Government needs to be encouraged to adjust its portion correspondingly.

Interest in investment strategies has risen

In addition, the Foundation has called for an increase in the interest rate on bank, post office, and other senior citizens’ investment and deposit plans. It has been suggested that income tax assistance should be increased, especially for the elderly.

GST-exempt for these goods

The elderly regularly use services and products, such as diapers, medications, healthcare equipment including wheelchairs and walkers, hospitalization of old patients over 70 years of age, mediclaim plans, and medical advice. An NGO has audited these services and products. Additionally, a request for the charge to be exempt from GST has been made.

In this budget, Finance Minister Nirmala Sitharaman has opened a box of savings for senior citizens. Risk free maximum investment limit of many schemes has been increased. This has also cleared the way for more pension for them.
(ads1)
According to the changes and new schemes announced in the budget, an old couple can get a pension of up to Rs 70,000 every month. The government has increased the investment limit in Post Office Monthly Income Scheme (POMIS) and Senior Citizen Saving Scheme (SCSS). So much so that the Finance Minister has started Mahila Samman Saving Certificate (MSSC) especially for women.

Another savings scheme is already running for senior citizens, namely Pradhan Mantri Vaya Vandana Yojana (PMVVY). By investing Rs 1.1 crore in all these schemes, a senior citizen couple can get a pension of Rs 70,500.

How much investment and return

Earlier, a person could invest a maximum of Rs 15 lakh in this scheme. It has now been increased to 30 lakhs. This means that a couple can invest Rs 60 lakh in it. The government gives a return of 8% on this and its tenure is 5 years. The couple invests Rs 30 lakh in Pradhan Mantri Vaya Vandana Yojana. Its tenure is 10 years and the returns are 7.4 per cent.

 EPFO Complaint Process: If you also have any problem or complaint related to EPF account, then you can lodge a complaint through EPFO ​​portal.

(ads1)

The Employees Provident Fund organization keeps on depositing funds for the retirement of the employees. This fund is deposited in the EPF or PF account from the salary of the employees and on behalf of the companies. The government also pays annual interest on this deposit. Now online facility has been given to check this amount, withdraw or do any other kind of work.

If a company does not deposit the PF money of the employees or if you have any kind of problem under this account, then you can file a complaint about it.

This complaint can be made on the EPFO ​​portal itself under the EPF i-Grievance Management System (EPFiGMS). Let us know how you can file a complaint under your account. The EPFiGMS portal also allows EPF subscribers to view the status of open complaints and requests. The complaint can be filed only by PF member, EPS pensioner, employer and people connected with EPF.(ads2)

To register a complaint, you have to go to epfigms.gov.in. Here click on ‘Register Grievance’ and now click on Status. After this enter UAN and password and go to gate details. Now enter OTP and complete the verification.

Now enter name, gender, contact information, pin code, state and other personal information. Now click on Grievance Details in PF account number. Now choose the complaint type. Now upload the documents by clicking on Choose File. Now your complete information will be visible in Grievance Details. After registering the complaint, you will be sent a mail from EPFO.

Old Pension Scheme: People have high hopes for pension. Meanwhile, a division bench of the Delhi High Court has directed the central government to extend the benefits of the Old Pension Scheme to all personnel of the paramilitary forces, the Army, Navy and Air Force personnel.

(ads1)

The direction is part of a judgment by a bench of Justice Suresh Kant and Justice Nina Krishna Bansal, which said that the Central Armed Police Forces (CAPFs) are part of the armed forces of the central government and should be given the same benefits as them.

The benefits of Pension Scheme

OPS will be applicable to CAPF personnel as per CCS Pension Rules, 1972. The Delhi High Court Bench held that Article 246 of the Constitution envisages the Armed Forces of the Union of India to include “Naval, Military and Air Force; any other Armed Forces of the Union”, and therefore CAPF personnel are entitled to similar OPS benefits Along with this, the court has also ordered the Center to issue necessary orders within 8 weeks.

Also read : New Super Pension Plan: Government will give pension of Rs 3000 every month, Do this work immediately.

In fact, the Delhi High Court was hearing a batch of 82 petitions seeking quashing of orders denying OPS benefits to CRPF, BSF, CISF and ITBP personnel. The petitioners argued that on 22 December 2003, the Ministry of Home Affairs issued a notification for the implementation of the New Pension Scheme with effect from 1 January 2004.(ads2)

Pension Scheme He said that the benefit of OPS was given to those paramilitary personnel whose recruitment process was completed by December 31, 2003, but they had joined the force after January 1. The court noted that the 2003 notification for the New Contributory Pension Scheme (NPS) mentioned that ‘with effect from January 1, 2004, the system would be mandatory for all new recruits to the service of the Central Government (except the armed forces in the first phase)’.

(ads1)

 Pension For Senior Citizens: There is great news for the elderly. Only a few days are left for the country’s budget to come and this time the government is going to give great news to the elderly.

The Central Government prepares to provide some relief to all sections including the poor, women, farmers and the elderly. This time it is expected that there can be an increase in the pension scheme of the elderly population. Along with this, these people can also get the benefit of exemption in income tax.

You can get 3 big gifts before the general budget, some non-governmental organizations (NGOs) have given suggestions to take steps for the betterment of the elderly population of the country. These include increase in old age pension, additional income tax relief and GST exemption on products used repeatedly by older people.

Agewell Foundation demands

NGO Agewell Foundation said that in view of the increasing gap between old and young generation, changes in the lifestyle of older people in the light of longer life span, favorable provisions should be made in the budget. The Foundation said in a statement that it is necessary to engage with a large number of retired people to keep them continuously active.

Pension should be revised

The Foundation has appealed to the Ministry of Finance and other stakeholders to consider its recommendations and suggestions while finalizing the next budget. The statement said that the old age pension should be revised according to the current inflation.(ads2)

Pension to be increased by Rs 3000 per month

The statement said that the present share of the central government in the monthly old age pension should be increased to Rs 3,000 per month for each eligible old age person. The State Government should also be advised to revise its share accordingly.

Related Article :  PMAY List 2022-23 Check Name in Pradhan Mantri Awas Yojana List.

Interest increased on investment schemes

Apart from this, the Foundation has demanded an increase in the interest rate on bank, post office and other deposit and investment schemes for the elderly under financial security measures. It has been said that more relief should be given in income tax, especially for old people.

GST exemption on these products

NGO has audited services and products frequently used by the elderly such as audit diapers, medicines, healthcare equipment like wheelchairs and walkers, hospitalization of elderly patients above 70 years, mediclaim policies and medical consultation There has also been a demand for GST exemption on the fee.

Employees Pension and salary increase(ads1)

Central Government News: A big plan is being made by the Central Government regarding pension to the employees, after which there will be a bumper increase in the pension of all the employees.

Pension and Salary Rules: A big plan is being made by the Central Government regarding pension to the employees, after which there will be a bumper increase in the pension of all the employees. At present, there is talk of increasing the minimum salary of the employees under the Employees’ Provident Fund Organization (EPFO). The government is going to take a big decision for the employees soon.

Salary will be Rs 21,000

Tell me, at present the minimum salary of the employees is Rs 15,000, a decision can be taken to increase it to Rs 21,000. After increasing the minimum salary of the employees, the pension will also increase. According to media reports, due to the increase in the minimum salary of the employees, the pension will also increase.

Minimum salary was also increased in 2014

The last time the central government increased the minimum salary was in the year 2014. At present, once again the government is planning to increase the salary of the employees. If the salary increases, then the share of pension and PF will also increase automatically. By increasing the minimum salary of the government, the contribution of the employees to the provident fund will also increase.(ads2)

How much will be the contribution of PF

At this time, the minimum salary of the employees is calculated at Rs 15,000, due to which only a maximum of Rs 1250 can be contributed to the EPS account. If the government increases the salary limit, then the contribution will also increase. After the increase in salary, the monthly contribution will be Rs 1749 (8.33% of Rs 21,000).

Employees will get many benefits

With this decision of the government, the employees will get the benefit of more pension even on retirement. If any employee worked for 20 years, then the monthly pension he would get through EPS would be Rs 7286. Apart from this, due to the increase in salary, the employees will also get many other benefits.