LOGIN NEW
I am working with a Private organization since the last 19 years. I am a member of Group Superannauation scheme with LIC. Every year our organization contribute 15% of our basic salary to this fund. Please provide me what is the caluclation of pension under this scheme. I think 33.5% of the amount can be withdrawn at the time of retirement/left the service and from the balance amount LIC shall be provided pension.
19th February 2008 From India, Delhi

there are multiple option one is 1/3 immeiate and 2/3 for the pension
2nd October 2014 From India, Mumbai
Share what you know with your industry peers. Discuss problems, ideas, solutions openly without getting into company or personal specifics. Create Account




Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.


About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network