Now the tension of Zomato-Swiggy users is also over! Government brings pension scheme, there will be no shortage of money in old age

There is a very good news for millions of ‘gig workers’ working for platforms like Zomato, Swiggy, Uber, Ola and Urban Company in the country. The government has taken a big step to secure the future of those who were till now considered away from retirement security. Pension Fund Regulatory and Development Authority (PFRDA) NPS e-Shramik A platform has been launched, under which now these workers will also be able to become a part of the National Pension System (NPS).

Till now, the benefit of NPS was available only to those working in government or private sector, but now this facility has been opened to lakhs of freelancers and gig workers of the country also.

Why is this a game-changer?

Millions of people in India are part of the gig economy, who work hard day and night, but do not get any social security like provident fund or pension like traditional jobs. They do not have any regular source of income in old age. This new initiative of the government will remove this shortcoming and provide them financial security.

How will this plan work? How easy is it to join?

Joining and contributing to this scheme has been made very simple, so that everyone can take advantage of it.

• Your PRAN will be created: A Permanent Retirement Account Number (PRAN) will be created for every worker, which will be their personal pension account.
• Easy Registration: For registration, only Aadhaar, PAN, bank details and mobile number will be required.
• Three ways to contribute: Workers can contribute as per their convenience:
  1. Both the company and the worker should contribute together.
  2. Only the worker should deposit the money on his own behalf.
  3. Contribute only for company workers.
• Nominal expenses: The best thing is that in this scheme There is no registration fee And the annual maintenance charge is only 15 rupees Is placed.

Although the minimum standard contribution of NPS is Rs 500, some platforms allow their workers to start with contributions as low as Rs 99 per month.

A big step towards future security

Experts believe that this step will give a new identity and security to India’s gig economy. This will not only secure the future of freelancers and delivery partners, but will also inculcate the habit of saving and investing in them. This scheme can prove to be a milestone in teaching financial discipline to young professionals.

This initiative of the government is a boon for millions of youth who prefer to work independently instead of a traditional 9-to-5 job. With regular contribution, it will prove to be a strong stick for them in old age.