Dear Members, Please advise how to proceed for Superannuation scheme for employees. Thanks
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Dear Shalini Please elaborate, what do you mean by Superannuation scheme, is it post retirement welfare scheme, or voluntary separation scheme...?? Shailesh Parikh 99 98 97 10 65 Vadodara
From India, Mumbai
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312From India, Mumbai
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Dear Shialesh, Superannuation Scheme is post retiral benefit scheme run by LIC. which companies avail of for senior executives. Regards, Vinayak Nagarkar HR- Consultant
From India, Mumbai
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From India, Mumbai
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As a part of CTC or for the benefit of its employees, the employer can introduce a superannuation scheme with LIC where the employer will contribute 10% or 15% of basic and DA of eligible employees every month. The same can be withdrawn by the employee after attaining the superannuation age or earlier, as per the scheme drafted by the employer. This is considered one of the benefits to retain employees.
R R Kapoor Vadodara
From India, Vadodara
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R R Kapoor Vadodara
From India, Vadodara
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