Contributing More Than the Statutory Rate
As a salaried employee, you have the option to contribute more towards your retirement savings. Either you or your employer, or both, may voluntarily contribute at a rate exceeding the statutory rate [as long as you meet the requirements].
Who Can Apply
Who Can Contribute?
Employer
No form is required if Employers opt to contribute more than the statutory rate for employers.
Note: Employers need to submit VE (Employee’s Share) and VE (Employer’s Share) applications through i-Akaun (Employer)
Note: Employers need to submit VE (Employee’s Share) and VE (Employer’s Share) applications through i-Akaun (Employer)
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