Authors : N Karunakaran, N Karunakaran, Shilpa C, Shilpa C
DOI : 10.18231/j.jmra.2020.008
Volume : 7
Issue : 1
Year : 2020
Page No : 34-39
Old age social security plays a pivotal role in welfare state and one of the major components of it is pension. The developed countries generally provide pension to those who contribute for pension whereas in majority of the developing countries pensions are provided in a discretionary manner which reduces the coverage of pension. Pensions are essential to ensuring rights, dignity and income security for older persons. The right to income security in old age, as grounded in human rights instruments and international labour standards, includes the right to an adequate pension. However, nearly half of all people over pensionable age do not receive a pension and many are not adequate. As a result, majority of world’ solder women and men have no income security, have no right to retire and have to continue working as long as they can. The main purposes are mitigating longevity risks, poverty and inter intra-generation inequality. The present study analyzed the social protection and occupational pension schemes and its effectiveness in the rural households of Kerala.
Keywords: Effects, Social protection, Occupational pensions, Rural households, Kerala.