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  • Retirement

    Загружено:

    Pranav Persie
    29 просмотров7 страниц
    Retirement is a point where a person stops employment completely. Many companies provide its employee with the option of taking voluntary retirement under VRS. Employee Provident Fund (EPF) is a saving scheme which helps employees save a fraction of their salary every month, which can be used when the employee is temporarily or no longer fit to work or at retirement.

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    Retirement is a point where a person stops employment completely. Many companies provide its employee with the option of taking voluntary retirement under VRS. Employee Provident Fund (EPF) is a saving scheme which helps employees save a fraction of their salary every month, which can be used when the employee is temporarily or no longer fit to work or at retirement.

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    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PPTX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    29 просмотров7 страниц

    Retirement

    Загружено:

    Pranav Persie
    Retirement is a point where a person stops employment completely. Many companies provide its employee with the option of taking voluntary retirement under VRS. Employee Provident Fund (EPF) is a saving scheme which helps employees save a fraction of their salary every month, which can be used when the employee is temporarily or no longer fit to work or at retirement.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PPTX, PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 7

    Retirement is a point where a person stops employment completely.

    Two types of Retirement : Voluntarily

    Attaining the superannuation age


    Retirement age in India: 60-65

    Pension : Monthly payment, on account of past service

    Gratuity: lump-sum payment made by an employer as a mark of gratitude for the services rendered by his employee.

    Leave Encashment: the encashment of unused leave of an employee.

    Voluntary Retirement Scheme (VRS): Many companies provide its employee with the option of taking voluntary retirement under VRS. Here the employees are offered a onetime lump-sum amount.

    Provident Fund: Employee Provident Fund (EPF) is a saving scheme which helps employees save a fraction of their salary every month, which can be used when the employee is temporarily or no longer fit to work or at retirement.

    Furnishing employee details 1 year before retirement.


    Processing employees retirement benefits with the help of filled form. Separate form for each of the benefit. Benefits will be received after two month from retirement. Pre-retirement training to face retirement.

    Devote time to a Hobby or Sport

    Volunteer for community organizations


    Teaching Consultancy

    Re-Employment

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