pinBox, HDFC Pension launch a Gift a Pension for domestic workers
November 23, 2021
pinBox, a worldwide pensionTech, in a joint effort with the non-profit microPension Foundation, and HDFC Pension have fostered an advanced stage named Gift-a-Pension. Managers can use this platform to teach and help their homegrown aides in setting up an incorporated small annuity and small protection account inside a couple of moments.
The International Labor Organization assesses that around 70 million individuals in India are utilized as cooks, servants, drivers, safety officers, domestic workers, and task staff. Customarily viewed as an undetectable workforce, domestic experts frequently need access to fundamental types of social assurance like benefits and protection, and face the terrible possibility of outrageous neediness for north of 20 years once they are advanced age to work, according to a press explanation.