Punjab govt announces pension scheme for workers

Punjab government today announced a scheme under which all registered construction workers would be eligible for Rs 5,000 per annum as pension on completion of 60 years of age.
The Building and other Construction Workers Welfare Board has devised the scheme for the welfare of registered construction workers, an official spokesman said here.
Keeping in view the hazards they work under and keeping under consideration the time period of registration after the completion of 60 years of age, the Board has decided to give pension at the rate of minimum Rs 5,000 per annum to the registered construction workers, he said.

The Board implemented this scheme as per the long term plans of the government to provide all possible help to the workers to enable them to be financially stable, he said.
Uptil March 31, 2015, the Board has already registered 3,02,664 construction workers as beneficiaries who would be able to avail the scheme, the spokesman said.