Friday, November 29, 2013

Irda may allow new recruits to join group pension

..............."Managers in the middle and the top level usually go for GPS retirement benefit as it is considered as employee-friendly. Employees opt for up to 15 per cent of the basic pay as contribution to the group pension scheme. It was earlier popular among employees in IT companies, but not any more. Companies were using group pension scheme as a perk to attract talents as they are not entitled for government pension," ...........

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