EDUCATION (CBSE/UGC NET)

EDUCATION UGC NET

SCHOOL AND CLASSROOM MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which pension is granted to civil servant who retires in the age of sixty
A
Invalid
B
Retiring
C
Compensation
D
Superannuation
Explanation: 

Detailed explanation-1: -When the Government servant retires and/or reach a certain age, he or she can access their superannuation benefits as a lump sum or as a superannuation pension. A superannuation pension is now granted to a Government servant who retires on his attaining the age of 60 years.

Detailed explanation-2: -Pensioners after attaining 65, 70, 75 and 80 should get increase in their pension, so as to meet their enhanced requirements.

Detailed explanation-3: -Superannuation is money which people pay regularly into a special fund so that when they retire from their job they will receive money regularly as a pension.

Detailed explanation-4: -Superannuation. A superannuation pension shall be granted to a Government servant who is retired on his attaining the age of superannuation.

Detailed explanation-5: -The term retirement is used when an employee leaves a job permanently and the term superannuation is used when the employee retires to a job with pension benefits. Superannuation benefits can also be called retirement benefits.

There is 1 question to complete.