Understanding Contributory Pension Schemes: What Are the Liabilities and How to Implement Them?

rocks_72

Hi, I am working in the private sector and want to introduce a contributory pension scheme in our organization. Can anyone shed some light on what it's all about and what will be the company's and employees' liabilities? Also, how should we go about it?

tsivasankaran

Approach LIC and discuss the Superannuation Scheme. They have good schemes available, and you can work out a methodology.

rocks_72

Hi, thanks. Well, just for information, for my sake, do you have any ideas regarding whether it's linked with NPS? Also, is LIC the best fund manager for a pension scheme, or are there other players?

friend14081983

As per IRDA norms, there is no new superannuation policy given to any organization after 1st April 2012. For any information needed regarding the LIC Superannuation Scheme, kindly contact [Email Removed For Privacy Reasons].

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