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
300From India, Mumbai
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
From India, Mumbai
As a part of CTC or for the benefit of its employees, the employer can introduce super annuation scheme with LIC where employer will contribute 10 or 15% of basic and DA of eligible employee every month and the same can be withdraw by employee after attaining the superannuation age or earlier as per the schem drafted by employer. This is considered as one of the benefit to retain employees.
R R Kapoor
Vadodara
From India, Vadodara
R R Kapoor
Vadodara
From India, Vadodara
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.