News: Only 19% cos offer pension plans

Compensation & Benefits

Only 19% cos offer pension plans

Vantage Health & Benefits Consulting Pvt. Ltd. conducted a study among Indian companies to identify practices of health and benefits being offered among Indian companies, and the study reveals that only 19% cos. in India offer pension plans. These pension schemes are in the form of defined contribution superannuation schemes. They are primarily under the National Pension Scheme and group gratuity.

Vantage Health & Benefits Consulting Pvt. Ltd. conducted a study among Indian companies to identify practices of health and benefits being offered among Indian companies, and the study reveals that only 19% cos. in India offer pension plans. These pension schemes are in the form of defined contribution superannuation schemes. They are primarily under the National Pension Scheme and group gratuity.

Read the Hindu Business Line news report here.

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Topics: Compensation & Benefits, #Trends, #Corporate

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