Business & Finance
Business and Finance
Business and Finance
Thu, November 28, 2024
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1,500 Kerala govt staff found drawing pensions meant for the poor and old
- Kerala is not alone in witnessing fraud within social security pension schemes. Other states have faced similar issues
The article from Business Standard discusses a significant issue in Kerala where approximately 1,500 government employees were found to be improperly drawing pensions intended for the elderly and economically disadvantaged. These pensions, which include the Indira Gandhi National Old Age Pension and the Agriculture Labour Pension, are meant for individuals aged 60 and above who are in financial need. The scam was uncovered during a verification drive by the Kerala government, revealing that many of these employees were not only still working but also drawing salaries alongside these pensions. This has led to a financial burden on the state, with the government now taking steps to recover the misappropriated funds and to prevent such occurrences in the future. The article highlights the need for stricter verification processes and better oversight to ensure welfare schemes reach their intended beneficiaries.
Read the Full Business Standard Article at [ https://www.business-standard.com/finance/personal-finance/1-500-kerala-govt-staff-found-drawing-pensions-meant-for-the-poor-and-old-124112800738_1.html ]
Read the Full Business Standard Article at [ https://www.business-standard.com/finance/personal-finance/1-500-kerala-govt-staff-found-drawing-pensions-meant-for-the-poor-and-old-124112800738_1.html ]
