The Andhra Pradesh Self Help Groups (SHG) Women Co-contributory Pension Act, 2009
andhra-pradesh · 2009
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1The Andhra Pradesh Self Help Groups (SHG) Women Co-contributory Pension Act establishes its title, application, and start date.
- S. 2Section defines key terms used in the Andhra Pradesh Self Help Groups Women Co-contributory Pension Act, 2009.
- S. 3Section 3 allows the government to create and modify the Andhra Pradesh Self Help Groups Women Co-contributory Pension Scheme.
- S. 4Section 4 establishes a co-contributory pension scheme for active SHG women members, requiring contributions from both members and the government.
- S. 5Pension Account - (1) Every subscriber shall have an individual pension account
- S. 6Section 6 provides that eligible subscribers receive a monthly pension upon retirement, with no guarantees on returns from contributions.
- S. 7Section 7 outlines the Nodal Implementation Agency's role in administering and promoting the pension scheme, protecting subscribers, and managing fund operations.
- S. 8Section 8 authorizes the government to provide grants to the Nodal Agency for implementing the pension scheme.
- S. 9Section 9 mandates government-appointed auditors to periodically verify records of Self Help Groups and related agencies for pension scheme compliance.
- S. 10Section establishes a grievance and dispute resolution mechanism for resolving issues related to the pension scheme.
- S. 11Section 11 establishes a Co-contributory Pension Advisory Board to advise the government on pension matters.
- S. 12Section 12 allows the Andhra Pradesh government to issue orders to resolve difficulties in implementing the Act, but only within three years.
- S. 13Section 13 authorizes the government to create rules for implementing the Act and mandates legislative review.
- S. 2009(2) It extends to the whole of the State of Andhra Pradesh