IndiaFirst Life Employee Retirement Policy

Help them plan for a stress-free retirement

IndiaFirst Life Employee Pension Plan is a non-linked, non-participating, variable fund-based Group Pension (Superannuation) Scheme which can be taken by an employer to manage employees’ post retirement pension income flow

Reasons to buy IndiaFirst Life Employee Pension Plan

  • Manage employee benefits and earn easy returns by providing security on superannuation benefits for your employees

  • Enjoy a minimum assured guaranteed return of 1% per annum on your investments

  • Earn a non zero positive interest rate on your earnings as declared by us at the start of every financial quarter

  • Option to avail additional funding on initial contribution

  • Flexibility to maintain individual member level account

  • Tax benefits for yourself (employer) as well as your employees as per the existing tax laws

WHAT ARE THE ELIGIBILITY CRITERIA?

  • Minimum age at entry is 18 years and the maximum age at entry is 75 years

  • There is no minimum age at normal exit and the maximum age at normal exit is 76 years

  • Minimum group size is 10 members and no limit on maximum group size

  • Minimum annual contribution is Rs 1,00,000 and no limit on the maximum annual contribution

  • An optional fixed life cover of Rs 5000 as death benefit with a Rs. 5 life cover premium, per member, per year

  • No limit on the size of fund

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