Both the employer and the employee contribute funds
Posted: Thu Jan 23, 2025 7:33 am
In other words, they contribute funds on equal terms. This option is often called "Parity". For example, 50% of the amount sent to a non-state pension fund is contributed by the company, and the remaining 50% is contributed by the employee. The organization can withhold the required amount from the employee's salary and, having added its share, transfer it to the NPF.
In this way, the company reduces its costs venezuela mobile phone numbers database by not financing the corporate pension on its own. However, the goal will be achieved - employees will be motivated and retained, since investing their own funds is valued higher.
Both the employer and the employee contribute funds
Source: shutterstock.com
Offer this form of corporate pension to employees with the required length of service, for example, at least five years, who are valuable to the company. The percentage of deductions can be tied to the length of service and the significance of the employee. The higher these indicators, the higher the percentage - not 50%, but 60% or more.
The employer pays the entire amount
This option is intended for especially valuable and deserving employees. For example, for key specialists, middle and senior managers, as well as employees with 10 years of experience or more, or those who retire in two or three years after 15 years of work. For them, such a phenomenon will be a good addition to the state and will serve as a long-term material motivation.
Each of these options may include its own subtypes of corporate pension program.
The company keeps separate records of pension contributions paid by it and its employees. The NPF, in turn, invests these funds to generate income.
The pension agreement must necessarily include the procedure and conditions for making pension contributions, the type of pension scheme, the grounds for pensions, as well as the procedure for paying non-state pensions (Article 13 of the Federal Law of 07.05.1998 No. 75-FZ "On Non-State Pension Funds").
Increase Your Profits by 10X: 5 Key Metrics You Must Track
Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
Read more posts on my personal blog:
In this way, the company reduces its costs venezuela mobile phone numbers database by not financing the corporate pension on its own. However, the goal will be achieved - employees will be motivated and retained, since investing their own funds is valued higher.
Both the employer and the employee contribute funds
Source: shutterstock.com
Offer this form of corporate pension to employees with the required length of service, for example, at least five years, who are valuable to the company. The percentage of deductions can be tied to the length of service and the significance of the employee. The higher these indicators, the higher the percentage - not 50%, but 60% or more.
The employer pays the entire amount
This option is intended for especially valuable and deserving employees. For example, for key specialists, middle and senior managers, as well as employees with 10 years of experience or more, or those who retire in two or three years after 15 years of work. For them, such a phenomenon will be a good addition to the state and will serve as a long-term material motivation.
Each of these options may include its own subtypes of corporate pension program.
The company keeps separate records of pension contributions paid by it and its employees. The NPF, in turn, invests these funds to generate income.
The pension agreement must necessarily include the procedure and conditions for making pension contributions, the type of pension scheme, the grounds for pensions, as well as the procedure for paying non-state pensions (Article 13 of the Federal Law of 07.05.1998 No. 75-FZ "On Non-State Pension Funds").
Increase Your Profits by 10X: 5 Key Metrics You Must Track
Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
Read more posts on my personal blog: