Re: PEP In CTC

Varun Obhan
Hello people,
I would appreciate it if someone could help me understand waht does PEP stand for in CTC
Thanks
Regards
Varun Obhan
k_shenbagarajan
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.
k_shenbagarajan
Dear Varun,
Give your queries here itself so that you will get many suggestion from all our members so that you will get a better understanding and also our new members will learn a lot.
Varun Obhan
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
https://www.citehr.com/398631-impact...rformance.html
It would be of great help if you could reply on the post.
Regards
Varun
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