Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Track & Policy DownloadLogin

Sevana Pension Scheme: Everything You Need to Know

The Sevana Pension Plan is indeed a public assistance benefit programme that prioritises payments to the poorest of the poor. The eventual purpose of developing this initiative was to guarantee that the social security services provided by the local government remained efficient. This scheme consists of seven programmes, which each gives six different types of pensions to almost 16 lakh individuals in the state's poorest areas.
Local governments, including such Gram Panchayats, Municipalities, and Corporations, are in charge of disbursing social security pensions via the Sevana pension applications. Although India has become one of the fastest in the world, rural poverty remains a major concern. The Kerala government has initiated a number of steps to attain this aim, one of which being the Sevana pension plan. To know more about the sevana pension scheme, read on.

Sevana Pension Scheme: Everything You Need to Know

What Is The Eligibility Criteria For Sevana Pension Scheme?

Following is the eligibility criteria for Sevana Pension Scheme -

Indira Gandhi Old Age Pension Scheme -

1. The person in question must be at least 60 years old.
2. The average earnings of the individual's household must be less than Rs. 1 lakh.
3. The person in question must have spent at least ten years in Kerala.
4. The individual in question is not eligible for any other forms of welfare.

Indira Gandhi National Widow Pension Scheme -

1. The person in question must be at least 60 years old. They should also be widowed or divorced.
2. The average earnings of the individual's household must be less than Rs. 1 lakh.
3. Individuals must have resided in Kerala for at least ten years and must not have benefited from any other state-sponsored programmes.

Pension For Unmarried Women -

1. The individual in question must be over the age of 50. They should also be single.
2. The annual revenue of the individual's household must be less than Rs. 1 lakh. They have to have spent at least ten years in Kerala.
3. The individual in question is not eligible for any other government assistance programmes.

Indira Gandhi Disability Pension Scheme

1. A certification of disability must be submitted by the individual concerned.
2. There must be no other government assistance programmes that the individual is registered in.
3. The annual revenue of the individual's household must be less than Rs. 1 lakh. They have to have spent at least ten years in Kerala.

Agriculture Labour Pension

1. For ten years, the individual must have worked as an agricultural labourer.
2. The person in question must have been a member of the Kerala Agricultural Workers' Welfare Fund.
3. There should be no alternative government assistance programmes that the individual is registered in.
4. The average earnings of the individual's household must be less than Rs. 1 lakh. They have to have spent at least ten years in Kerala.

What Are The Features Of Sevana Pension Scheme?

Following are some of the features of Sevana Pension Scheme -

1. The Sevana pension system provides financial help to a wide range of underprivileged people.
2. Through municipal and corporate entities, as well as Gram Panchayats, Sevana Pension Scheme manages six different social security pension schemes.
3. Thanks to this initiative, beneficiaries may live their life without relying on others.
4. This project, which was initiated by the Kerala government, is managed by the Social Welfare Department.
5. This programme is used by the government to help a wide range of people, particularly agricultural workers and disabled people.

Endnotes

India's state and central governments have attempted a variety of measures to combat poverty. The implementation of the Sevana pension programme by the Kerala government is one such example. It's among the government-provided programmes with the ultimate purpose of assisting Kerala's poor people. The Sevana pension scheme's aim is to provide social and financial stability to the poor. For the more unfortunate members of the population, the Kerala government has implemented a variety of annuity plans. These pension plans are known as Sevana Pension 2021. With the help of these Pension programmes, the poorer segments of society might become financially self-sufficient.

Also read- Retirement Planning Tips You Should Know About

Everything You Need To Know About National Pension System

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 80 Lacs+ happy customers