A large part of the occupational retirement benefits in India are covered by Employees' Provident Funds and Miscellaneous Provisions Act 1952. Employers can also provide for additional retirement benefits to their employees by subscribing to group superannuation schemes. The employer contributes towards the employees and at the time of retirement, the employee is paid pension.
A large part of the occupational retirement benefits in India are covered by Employees' Provident Funds and Miscellaneous Provisions Act 1952. Employers can also provide for additional retir…