• For the first time in the country, Kerala government has launched a welfare fund board for the workers registered for the MGNREGS and the state’s urban job guarantee schemeAyyankali Urban Employment Guarantee Scheme.
  • It has been formed as per the Kerala Employment Guarantee Workers’ Welfare Fund Act, 2021.
  • Eligibility
    • Any worker between the age of 18 and 55 can take the membership in the fund board.
    • They have to pay an amount as premium (Rs 50 tentatively fixed) every month until the age of 55 and the government will also contribute an equal amount.
    • The government can revise the contribution once every three years.
    • A member who has paid the contribution for at least 10 years will be eligible for pension.
  • Apart from that, the fund mobilised by the board will be utilised for meeting various welfare and relief requirements of the workers such as educational and marriage expenses.

 

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