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What is Group Insurance and Gratuity Schemes about?

The document discusses several group insurance schemes available in India: 1. A Group Saving Linked Insurance Scheme that provides both insurance protection and savings, with contributions returned at retirement plus death benefits. 2. A Group Superannuation scheme where companies contribute to employee pensions managed through a trust fund. 3. A Group Gratuity Scheme where companies pay gratuities (a percentage of salary for each year worked) at retirement, cessation, or death through reserves, trusts

Author

Sam David

Language

EN