The Pravasi Pension Scheme is a social security initiative designed specifically for Non-Resident Keralites (NRKs). It is a voluntary contributory scheme that aims to provide financial support to NRKs upon their retirement. The scheme is managed by the Kerala Pravasi Welfare Board.
The scheme offers a monthly pension to eligible NRKs aged 60 and above who have made regular contributions to the fund. It is intended to supplement the retirement income of NRKs and provide a measure of financial security in their later years.
List of Kerala Pravasi Welfare Board Schemes
The Kerala Pravasi Welfare Board offers a variety of schemes to address various needs of Non-Resident Keralites (NRKs). Different schemes for specific challenges faced by NRKs, such as financial assistance for medical emergencies, education, housing, and retirement.
The table below presents the various schemes provided under the Pravasi Welfare Fund (Pravasi Kshemanidhi).
| Schemes | Details |
|---|---|
| Pravasi Family Pension Scheme | Upon a member’s death, the nominee receives a pension. Amount varies by member category. |
| Payment scheme for medical aid | Members with critical illness get Rs 50,000 if they don’t avail any other government benefits. |
| Financial assistance for marriage | Members contributing for at least 3 years can receive up to Rs 10,000 twice for daughters’ marriages. Only one family member can claim this benefit per marriage. |
| Financial assistance for maternity | Female members contributing for 2+ consecutive years can seek financial aid for maternity or abortion costs. |
| Pension scheme for invalids | Members contributing for 3+ years who stop due to disability may receive an invalid pension. A doctor’s certificate proving inability is required. |
| Housing loan pension scheme | Members contributing for 5+ consecutive years can apply for housing loans to build, buy, or renovate homes or purchase land. |
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Features of Pravasi Pension Scheme
The Pravasi Pension Scheme aims to provide a financial safety net for Keralites who have migrated abroad for employment and intend to return to their home state during retirement.
The table below shows the features of the Pravasi Pension Scheme.
| Feature | Description |
|---|---|
| Target Beneficiaries | Non-Resident Keralites (NRKs) |
| Type | Voluntary contributory |
| Objective | Provide financial support during retirement |
| Managing Body | Kerala Pravasi Welfare Board |
| Eligibility | Age 60 and above, with regular contributions |
| Minimum Pension | Rs. 2,000 per month |
| Pension Increment | 3% increase after 5 consecutive years of contribution (up to Rs. 4,000) |
| Minimum Contribution Period | 5 years |
| Contribution Amount | Varies based on residency (higher for NRKs abroad) |
Types of Registration Category of PPS
Registration category is a crucial aspect of the PPS under which an individual can enroll. This categorization is based on various factors such as the applicant’s age, occupation, and duration of stay abroad.
| Category | Description |
|---|---|
| 1A | Currently employed abroad |
| 1B | Returned to Kerala after at least two years of foreign employment |
| 2A | Employed in a state other than Kerala within India |
Note: The specific eligibility criteria and required documents may vary slightly for each category.
Eligibility Criteria for Pravasi Pension Scheme
To be eligible for the Pravasi Pension Scheme, you must meet the following criteria:
- Age: 19-60 years old
- Residence: Non-Resident Keralite (NRK) in one of these categories:
- Currently employed abroad.
- Returned to Kerala after at least two years of foreign employment.
- Employed in a state other than Kerala within India.
Note: The key point is that if you have returned to India, you must have returned to Kerala to be eligible for the Pravasi Pension Scheme.
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Documents Required for Pravasi Pension Scheme
The exact documents required for the Pravasi Pension Scheme might vary slightly based on your specific category (1A, 1B, or 2A). However, the general documents required to apply for Pravasi Pension Scheme might include:
- Proof of Identity (Passport, Aadhaar Card, Voter ID Card, Birth Certificate).
- Proof of Address (Utility bills, Aadhaar Card, Passport).
- Valid Visa and Passport (If currently employed abroad).
- Passport-size Photo.
- Digital copy of NRK’s signature.
- Application Form (Form 1A, 1B, or 2A depending on your category).
- Additional Documents: Income Tax Returns, Employment Contract, Residence Certificate.
Steps to Register for Pravasi Pension Scheme
Here are the steps to register for the scheme, ensuring that potential participants can apply for the Pravasi Pension Scheme with ease.
Pravasi Pension Scheme Online Registration
You can easily open a post office savings account by visiting one that is closest to you, here are the steps you can follow:
- Step 1: Go to the official website of the Kerala Pravasi Welfare Board.
- Step 2: Find the “Service” or “Online Apply” section.
- Step 3: Choose Registration Category: You’ll have three options:
- 1A: Currently employed abroad
- 1B: Returned to Kerala after at least two years of foreign employment
- 2A: Employed in a state other than Kerala within India
- Step 4: Fill the Application Form with accurate details.
- Step 5: Submit scanned copies of the necessary documents.
- Step 6: Review the information and submit the application.
- Step 7: Pay the required registration fee.
- Step 8: You will receive an acknowledgment or reference number.
Pravasi Pension Scheme Offline Registration
- Step 1: Get the appropriate application form (1A, 1B, or 2A) from the nearest Kerala Pravasi Welfare Board office or Common Service Center.
- Step 2: Complete the form with accurate details.
- Step 3: Upload attested copies of the required documents.
- Step 4: Submit the application form and documents to the nearest Kerala Pravasi Welfare Board office or Common Service Center.
- Step 5: Pay the registration fee.
- Step 6: You will receive an acknowledgment or receipt.
You can also check other related pension schemes from below:
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