Citizen Investment Fund, Tamakoshi Rural Municipality Launch Pension Scheme for Workers
Summary
Citizen Investment Trust and Tamakoshi Rural Municipality have launched a pension scheme for workers in Dolakha where both parties contribute monthly for retirement benefits.
Key Points
- Citizen Investment Trust and Tamakoshi Rural Municipality have agreed to implement a pension scheme for workers in Dolakha.
- Both the municipality and participating workers will contribute Rs 500 monthly, totaling Rs 1,000 per participant.
- Participants become eligible for pension benefits after reaching 60 years of age.
- The scheme includes provisions for spouse benefits, nominee access, and borrowing against deposited funds after five years.
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