The scheme is expected to be voluntary, allowing individuals to partic….

The scheme is expected to be voluntary, allowing individuals to participate regardless of their employment status. This means that anyone willing to make monthly contributions can enrol and receive pension benefits. The government may also contribute to the pension accounts of beneficiaries, either monthly or quarterly, to encourage more people to enrol. The authorities are exploring the possibility of utilising the cess collected under the Building and Other Construction Workers (BoCW) Act to fund pensions specifically for construction workers. If implemented, this could be a game-changer for millions of workers, particularly those in informal jobs, ensuring they have financial stability in their later years. For confidential support on suicide matters call the Samaritans on 08457 90 90 90 or visit a local Samaritans branch, see www.samaritans.org for details. In the U.S. call the National Suicide Prevention Line on 1-800-273-8255 or visit http://www.suicidepreventionlifeline.org/. For confidential. support in the UK, call 08457 909090.

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