Dear All, Can anybody please share their superannuation policy with me. Would request your earliest response on this. Please treat this very urgent. Thanks & regards, Rekha
From India, Delhi
14From India, Delhi
Thanks for your response. Actually there are 4 employees in our organisation who are reaching at the retiring age in our company, thus mgmt has asked me to design a policy/procedure as to how should the whole process be organised, starting from informing the employee well in advance to his retiring day. If anybody of you, has some policy on this would appreicate if you can share it with me.
according to my understation the following steps can be done i.e.:
(1) sending a formal letter to the employee mentioning about this retiring date.
(2) after receiving the confirmation letter from the employee, acceptance of his formal retirement and informing him that he can clear his settlement i.e. full & final from the accounts department.
(3)sending a formal e-mail to all the unit concerned w.r.t the employee's retirement and his contribution in the organisation till date.
(4)final day : giving all the exp, salary certificates to him and complete the full & final settlement process.
(5) organising a farewell party for him.
The above is mine own thoughts, if somebody has the same laid down in a format/policy, thus would highly appreciate if the same can be shared with me.
I look forward to hearing back from all of you.
Thanks & regards,
Rekha
From India, Delhi
according to my understation the following steps can be done i.e.:
(1) sending a formal letter to the employee mentioning about this retiring date.
(2) after receiving the confirmation letter from the employee, acceptance of his formal retirement and informing him that he can clear his settlement i.e. full & final from the accounts department.
(3)sending a formal e-mail to all the unit concerned w.r.t the employee's retirement and his contribution in the organisation till date.
(4)final day : giving all the exp, salary certificates to him and complete the full & final settlement process.
(5) organising a farewell party for him.
The above is mine own thoughts, if somebody has the same laid down in a format/policy, thus would highly appreciate if the same can be shared with me.
I look forward to hearing back from all of you.
Thanks & regards,
Rekha
From India, Delhi
Hi Rekha,
Actually what you are asking for is Retirement Policy and not Super annuation policy.
There is a difference between the both.
As per you post, I think the procedure you have mentioned is correct, but if your employer agrees, arrange for a SERVICE AWARD for the employee, if his tenure with the company was more than 10 years.
Send a letter to the employee briefing his achievements and performance in the company, stating how much the company will miss him.
Cheers!!
Archna
From India, Delhi
Actually what you are asking for is Retirement Policy and not Super annuation policy.
There is a difference between the both.
As per you post, I think the procedure you have mentioned is correct, but if your employer agrees, arrange for a SERVICE AWARD for the employee, if his tenure with the company was more than 10 years.
Send a letter to the employee briefing his achievements and performance in the company, stating how much the company will miss him.
Cheers!!
Archna
From India, Delhi
Rekha, Archana is correct this is retirement policy & giving a award in a function will definitely add value. Thnx Avinash
From India, Mumbai
From India, Mumbai
Dear Ms.Archna,
Thanks for your reply. Would appreciate if you can pls tell me the difference between the two.
Yes, I want to make the retirement policy only. I would highly appreciate if you can please share the policy related to this. Even if the procedure which I have mentioned is different from what your organisation follows, would be grateful if you can pls share the same with me.
I would also request other members also to assist me on this.
Thanks & regards,
Rekha
From India, Delhi
Thanks for your reply. Would appreciate if you can pls tell me the difference between the two.
Yes, I want to make the retirement policy only. I would highly appreciate if you can please share the policy related to this. Even if the procedure which I have mentioned is different from what your organisation follows, would be grateful if you can pls share the same with me.
I would also request other members also to assist me on this.
Thanks & regards,
Rekha
From India, Delhi
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