Contributry Pension Scheme - CiteHR
Tsivasankaran
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Akhil.Gupta
Hr Professional With 8 Years Of Exp.
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Hi...I am working in private sector and want to introduce contributry pension scheme in our organisation.Can anyone throw some light on whats it all about and what will be company nd employees liabilities.Also how to go about it.
Approach LIC and discuss about Superannuation Scheme. They have good schemes avaliable and you can work out a methodology
Hi,,,tks,,,well..just for information my sake any ideas regarding if its linked with NPS???...also if LIC is best fun manager for pension scheme or we have any another players??
As on today, in India, LIC is the best fund manager with respect to pension. They had been doing a nice job for so many years. May be returns may be slightly low but options offered by them are very good. I do not underestimate other players but they are yet to prove in India
Hello,
As per last year's IRDA ruling, the old superannuation plans are no longer adding new members. IRDA has asked insurance companies to change few things and launch new superannuation products before they can accept new members. I'm not sure if insurance companies have launched new products, if you need more info email me at ravi.shekhar(at)milliman.com
Thanks
Ravi

AS PER IRDA NORMS THERE IS NO NEW SUPERANNUATION POLICY GIVEN TO ANY ORGANISATION AFTER 1ST APRIL 2012. ANY INFORMATION NEEDED FOR LIC SUPERANNUATION SCHEME. KINDLY CONTACT. Rajesh.Prajapati@Licindia.com
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