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Minimum pension of ₨ 8500/- (revised 2019) is provided by scheme while maximum pension is limited by the average wages during employment and years of contribution to insurance scheme. [1] As per 2001-02 numbers there are over 2 lakh beneficiaries of these scheme. The details of the beneficiaries are given in the table below. [1]
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The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
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Road Traffic (Drivers’ Ages And Hours Of Work) Act 1976 Description English: An Act to amend the Road Traffic Act 1972 in so far as it relates to drivers' licences and the minimum age for driving certain classes of vehicles and to amend Part VI of the Transport Act 1968 and for connected purposes.