Rs 2.5 million will be credited! This government launched a great scheme

 

Big news for everyone. Especially if you are lived in West Bengal then today’s article is for you. Today’s article highlights a new initiative launched by the West Bengal government designed to support the state’s workers. This program offers a range of benefits, including financial aid, for both workers and their families. The initiative is called the Social Security Scheme.

What benefits does this scheme offer?

Monthly Benefit: Eligible participants will receive Rs 55 each month in their social security account, with contributions continuing based on the length of their participation. Additionally, individuals may be eligible for compensation of up to 2.5 lakh, depending on their duration in the scheme. Future increases in monthly contributions will also enhance the final payout.

Pension after five years

Employees who remain members of the scheme for a minimum of five years will qualify for a monthly pension of Rs 1,000 upon retirement, ensuring ongoing financial support.

Compensation for Death and Disability

General Death: Families will receive ₹50,000 in compensation.

Accidental Death: Compensation rises to ₹2 lakh.

Disability: Compensation amounts can range from ₹50,000 to ₹2 lakh, depending on the injury’s severity.

No cost to employees

Participation in this scheme is entirely free for employees, as the government will cover all associated costs. Employees are not required to contribute financially to join.

What are the eligibility criteria?

1. Employees must be aged between 18 and 60 years.

2. A minimum of 90 days of construction work must have been completed.

3. The scheme is available to workers across various sectors, including road and building construction, railways, flood control, irrigation, drainage, telephone tower construction, and water supply systems.

About the Author

Sweta Mitra

Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food,...

SwetaMitra@timesbull.com Author at TimesBull TimesBull
Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food, and books. For feedback - timesbull@gmail.com
Sweta Mitra - Author at TimesBull
About the Author

Sweta Mitra

Sweta Mitra - Author at TimesBull

Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food,...