Investor Presentaiton
Old Age Protection Scheme Cntd..
Benefits
Pension
scheme
Retirement
scheme
Eligibility
Amount
• Completion of the age Formula to calculate:
of 60
⚫ contribution for at least
180 months or 15 years
• Employees engaged
after July 17, 2019
Total contribution and amount of consideration
received from the investment made by the Fund will
be divided by 180 months (15 years)
Receivables
Such amount will be provided as pension every
month during the employee's lifetime.
Upon Death:
Lump sum amount provided to the nominee upon
death of the Employee prior to the retirement age.
Completion of the age Lump sum amount provided to the nominee upon
of 60
retirement of the Employee engaged in employment
prior to July 17, 2019 the retirement age.
• contribution for at least
180 months or 15 years
• Employees
engaged
after July 17, 2019
Option for Employees hired prior to July 17, 2019:
Can opt in the pension scheme and receive the pension benefits accordingly.
२
S
SView entire presentation