Re: PEP In CTC - CiteHR
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Hello people, I would appreciate it if someone could help me understand waht does PEP stand for in CTC Thanks Regards Varun Obhan
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It is pension equity plan
A pension equity plan (PEP) is a defined benefit pension plan. Almost PEP plans are completely funded by the employer and do not accept employee contributions.
A pension equity plan provides you with a benefit at termination or retirement equal to some percentage times the average of your recent earnings times the years of service you have.
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Hello Sir,
I am currently working on a reserach paper entitled " Impact of Communication on a team's performance"
The details of the same are on this link
It would be of great help if you could reply on the post.
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