small Powerpoint presentation of benefits of retirement

1. DR. HARISINGH GOUR CENTRAL
UNIVERSITY SAGAR (MP)
SUBJECT - EMPLOYEES RELATION AND
COMPENSATION MANAGEMENT
TOPIC - RETIREMENT BENEFITTS
SUBMMITED TO : - SWASTI SINGH MA’AM
SUBMITTED BY : - ABHISHEK SHIVHARE (Y19180503)

2. WHAT IS RETIREMENT
 Retirement refers to the time of life when one chooses to
permanently leave the workforce behind. The traditional
retirement age is 60-62 in the India.
What is the meaning of retirement benefit ?
Retirement benefits are the money or other incentives that a
person collects after their employment ends. The plan to
receive them is put in place while the employee is still
working, and a portion of their salary, along with a
contribution from the employer, is collected periodically until
their retirement.

3. BENEFITS OF RETIREMENT IN PVT COMPANY
 PVT. Company cut the some amout of employees salary and
after employees retirement they provide a some retirement
money and provident fund so that after retirement employees
life can easy.
 In a PVT. Company they give some medical insurance.
 They also provide a health insurance, life insurance etc.
 PVT. Limited also provide a best education for employees
children’s after retirement also.

4. BENEFIT OF EMPLOYESS IN GOVT.
SECTOR
 They provide a pension to their employees, if
employees join a before 2004.
 after 2004 if any employees join the govt. Job so
he/she is not eligible for a pension according to
central government.
 if any person in defence job sector then he/she is
eligible for pension scheme.
 and those scheme by provide by the PVT.
Companies govt. Also provided those facilities.