Sample / Template / Example of HR Employee Retirement Policy in India
The policy applies to all directly employed staff of Rocket Sales Ltd.
2. Retirement Ages:-
For the purposes of this policy, unless otherwise agreed, retirement age of the employees will be as below:
Workers - 58yrs
3. Preparation for Retirement
RSL recognizes that as employees approach retirement, there may be several matters that concern them such as employment, finance, health. Preparation for retirement should ensure that employees are supported, during this period of change and in planning for the future, to enable an enjoyable retirement.
Dated – 04.04.2014 Amit Jain
ROCKET SALES LTD
1. Scope:-
Retirement Policy
The policy applies to all directly employed staff of Rocket Sales Ltd.
2. Retirement Ages:-
For the purposes of this policy, unless otherwise agreed, retirement age of the employees will be as below:
Workers - 58yrs
2.1 Other reasons for retirement:
Retirement due to ill health - Applies when an employee is unable to carry out his/her duties due to permanent ill health, and other suitable alternative employment is not available in RSL.
Retirement due to ill health - Applies when an employee is unable to carry out his/her duties due to permanent ill health, and other suitable alternative employment is not available in RSL.
3. Preparation for Retirement
RSL recognizes that as employees approach retirement, there may be several matters that concern them such as employment, finance, health. Preparation for retirement should ensure that employees are supported, during this period of change and in planning for the future, to enable an enjoyable retirement.
Dated – 04.04.2014 Amit Jain
President - HR
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