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Question : In December 2022, India's Pension Fund Regulatory and Development Authority (PFRDA) has recommended the federal government to introduce a pension scheme like the UK pension scheme for the country's________.

Option 1: Paramedics

Option 2: Farmers

Option 3: Gig workers

Option 4: Textile workers


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Gig workers


Solution : The correct option is Gig workers​​​.

India's PFRDA suggested a UK-style pension for the country's unorganised sector workers , aiming to provide them with financial security after retirement. This vast group, encompassing millions in informal jobs, currently lacks a guaranteed pension system. The UK scheme, with its auto-enrollment and government contributions, could offer a model for securing their financial future.

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