New Group Superannuation Cash Accumulation Plan | Zee News

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NewsNew Group Superannuation Cash Accumulation Plan

New Group Superannuation Cash Accumulation Plan News

20 Mar 2021

LIC’s NGSCA Plan: Check eligibility, benefits and many more

To be eligible for this scheme, the employee needs to fall in the age group of 18 and 75 years and in case of maturity age, it should be 85 years. In terms of contribution, a minimum of Rs 10,000 is required at the time of inception of this policy and then a contribution of Rs 1,200 is mandatory every year for the members. Also, the minimum group size for the new employer-employee scheme should be 10.

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