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Superannuation is one of the most important retirement benefits for your employees.
It allows them to save a portion of their income during their employment at your organization.
These savings help them take care of their financial requirements post-retirement, be it their medical
needs or other expenses.
This plan offers you two schemes
If you select the Defined Benefit Superannuation scheme, the benefits payable to the employee on
retirement are decided upfront.
Here, you as an employer pay the premiums for superannuation.
The premiums are then invested by us and the wealth pool created under the plan is used to make claim payments on employee
The accumulated wealth can also be used to purchase an Annuity plan that would provide periodic pay-outs
to the employee for life.
If you select the Defined Contribution Superannuation scheme, a fixed amount or a pre-decided percentage of
every employee's salary is periodically paid as premiums towards their superannuation kitty.
The premiums are then invested by us and accumulate up to the employee’s exit.
wealth is then used to purchase an Annuity plan that would provide periodic pay-outs to the employee for life.
Note : Policy details offered are indicative, not exhaustive. Please contact your nearest
Arunaya office for further details.