Pension Fund
Services
Introduction
Features
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Features

Services offered to a Defined Contribution Scheme

Co-ordination with all client locations/branches for receipt of monthly contribution data of members

Pension contribution account maintained at individual member level

Reconciling contributions with remittance amounts

Settling members claims on separation

Liasoning with Insurer for purchase of Annuity

Handling disbursements to members on commutation

Distribution of earnings to eligible members, annually

Providing account statement to members, annually

Maintain books of accounts of the Trust

Handling audit and filing tax returns

Services offered to a Defined Benefit Scheme

Service records of members maintained in electronic form

System generated Pension Orders, uniquely referenced and supported by necessary documents

Tracking Pension Orders during the period of survival of member

Updation of software to incorporate changes taking place from time to time in Pension Rules and Regulations.

 
Stock Holding Corporation of India Limited
Registered office - Mittal Court, 'B' Wing, 2nd Floor, 224 Nariman Point, MUMBAI 400 021

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