The employer can use one or both of the above vehicles for retirement of the employees. The employer will benefit in having more motivated employees and reducing staff turnover rate. The employees will stay longer knowing that there are benefits for retirement. Pension and provident fund contributions are also tax deductable. Risk benefit such as death, disability and dread disease can be added to the pension provident fund.
Pension and Provident Fund Planningfroggdesigns2018-04-08T18:01:43+00:00