Dear All,
I had joined in a Ltd company in 1986. After 12 years my company is merged with a MNC.At the time of appointment Indian company offered me 15℅ of consolidated salary as superannuation in the offer letter.But at the time of harmonisation MNC has changed the words as superannuation is 15℅ of salary and supplementary salary.MNC is depositing 15℅ of my basic salary in superannuation account which is as against of my parent company.
What is meant by supplementary salary?
Am I eligible for superannuation at the rate of 15℅ for my total salary amount ?
I had joined in a Ltd company in 1986. After 12 years my company is merged with a MNC.At the time of appointment Indian company offered me 15℅ of consolidated salary as superannuation in the offer letter.But at the time of harmonisation MNC has changed the words as superannuation is 15℅ of salary and supplementary salary.MNC is depositing 15℅ of my basic salary in superannuation account which is as against of my parent company.
What is meant by supplementary salary?
Am I eligible for superannuation at the rate of 15℅ for my total salary amount ?