Forms of retirement system 1. Non-contributory 2. Partly contributory 3. Wholly contributory Select the correct code : Code :
1, 2 and 3
A retirement system provides pension and other benefits to public servants after superannuation. In personnel administration, retirement systems are classified by who bears the cost of the pension.
1. Non-contributory: the employer (government) bears the entire cost and the employee contributes nothing, as in India's Old Pension Scheme for civil servants.
2. Partly contributory: both employer and employee contribute, as in the National Pension System, where the employee and government each contribute a share of pay.
3. Wholly contributory: the employee alone finances the pension fund through deductions from salary, the employer acting only as the manager of the fund.
All three are recognised forms of retirement system, so the code is 1, 2 and 3.
Hence, the answer is 1, 2 and 3.
Similar Questions
Which is not the characteristics of the British concept of civil service neutrality?
As per Simon's view, from the following which is not the rationality?
Assertion (A): Herzberg identified strong determinants of the job satisfaction. Reason (R): Herzberg not found duality of attitudes about work experience. Answer the question using the codes given below:
Taylor applied work study and standardization of tools as well as training to achieve:
Which of the following is not correctly matched?
Who is author of the book 'New Patterns of Management'?
According to whom worker is not an 'Economic Man'?
Match List I (Author) with List II (Book) and select the correct answer using the codes given below the list:
List I (Author): (a) Fred W. Riggs (b) Chris Argyris (c) Dwight Waldo (d) Rensis Likert
List II (Book): (1) The Human Organisation: Its Management and Value (2) Prismatic Society Revisited (3) Personality and Organisation (4) The Enterprise of Public Administration
List I (Author) List II (Book) (a) Fred W. Riggs (1) (b) Chris Argyris (2) (c) Dwight Waldo (3) (d) Rensis Likert (4) Choose the correct option to describe steps for integration as suggested by Mary Parker Follett:
Which of the following statements are true about Prime Minister's Office?
(1) It enjoys the status of a department of the Government of India.
(2) It has a few attached and subordinate offices under it.
(3) It came into existence in August 1947 by replacing the secretary to the governor general.
(4) Till 1967, it was called as the Prime Minister's Secretariat.
Important Questions from Mixed Topic (MH-SET)
.................... is a client server application that identifies each host on the internet with a unique user-friendly name.
Every OS has a ................ or .......... which primarily resides in the main memory of the computer to perform some of the basic functions of the OS.
(i) Kernel
(ii) Interface
(iii) Nucleus
(iv) Compiler
Codes:
Which of the following are referred to as low level language?
(i) Machine language
(ii) Assembly language
(iii) High level language
(iv) Natural language
Codes:
Match the following:
List I List II (a) New York Public Library (i) Shelv AR (b) Miami University Augmented Research Group (ii) Smart library (c) Oula University Library (iii) Wolf Walk (d) North Carolina State University (iv) Find the future Codes:
Which part of the QR code represents the encoded data?
