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Saturday, November 7, 2026News · Real estate · Business
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Pension Scheme under Deliberation for Non Resident Keralites

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Pension Scheme under Deliberation for Non Resident Keralites - photo: Chennai Street2

With two million of Kerala’s population employed overseas, the state Government has decided to extend social security benefits to these citizens who have contributed so significantly to its economy.

A contributory pension scheme is under way for all non-resident
Keralites, which would be paid out after a minimum lock-in period.

Currently being tested, it will soon be placed before the state
assembly for approval once the law department endorses it.

90% of the non-resident population of Kerala is based in the
Gulf.

Most of them are employed on short contracts there, returning
home with savings that do not sustain for long. Manjalamkuzhi
Ali, a member of the legislative assembly proposed the pension
fund, keeping the plight of such workers in view.

The legislation could see the light of day this June, if all
procedures proceed as per plan. Assistance is being sought from
the centre to fund the scheme, as also from tour operators, travel
agents and cargo agents whose business rests on the non-resident
Keralites traveling abroad.

Related Readings:
» Pension Funds in India Take Global Route
» World-Class Township in Thrissur, Kerala
» Kerala Association of Greater Washington

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Photo: Chennai-Street2 by Mark Pegrum, licensed under CC BY 2.0, via Wikimedia Commons.

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